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What is the Retirement Age for Teachers and Professors in India?
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The retirement age for teachers in India is a significant topic of discussion due to its effects on educators' financial planning and willingness to retire. In India, your retirement age as a teacher can vary depending on your educational institution and its respective state.
Besides, it can depend on your code of conduct and relationship with students. Retirement for teachers might involve the loss of a satisfying career, so you need to plan early for retirement and utilise retirement benefits to the utmost.
Retirement Age of Teachers and Professors
In the following table, the retirement age of teachers and professors, along with the type of institution, has been mentioned:
Teacher (Based on the Institution) |
Retirement Age |
Private school teachers |
60 years |
Government school teachers |
60 years |
Private college professors |
60 years |
Government college professors |
60 years |
Benefits of Private School Teachers or College Professors on Retirement
The benefits you will get after retirement as a private school teacher or college professor are as follows:
- Provident Fund (PF): Provident Fund is a retirement savings scheme mandatory for most salaried employees in India, including teachers from the private sector. The employer (Principal or Board members) and employee (teacher) contribute to your Provident Fund account. This amount accumulates until your retirement, and then you can withdraw it.
- Gratuity: As a private institute teacher or professor, you can receive a gratuity on retirement, a lump sum payment from the employer to the employee. However, this amount cannot exceed ₹20 Lakhs. The gratuity usually depends on the last drawn salary and number of years spent working for the institution.
Years of Service |
Rate of Gratuity Payment |
below 1 year |
2 times of basic pay |
1 year or more (but below 5 years) |
6 times of basic pay |
5 years or more (but below 11 years) |
12 times of basic pay |
11 years or more (but below 20 years) |
20 times of basic pay |
20 years or more |
Half of the payments are received after every 6 months of service (should not exceed 33 times of total payments) |
- Health Insurance: Some private institutes provide health insurance coverage to their teachers during employment and even after retirement. However, it depends on the policies of the institution you are working for. Usually, in such cases, a portion of your monthly income accumulates in health insurance.
- Leave Encashment: If you are a private institute teacher or professor, you can also encash any unused leave days during the previous financial year. This benefit is available both during the employment period and upon retirement. Moreover, it acts as an additional source of income.
Benefits of Government School Teachers or College Professors on Retirement
The benefits you will get after retirement as a government school teacher or college professor are as follows:
- Pension: As a Government teacher or professor, you can also receive a guaranteed monthly pension of a minimum ₹9000. You or your family can claim this on your retirement. This rule has been in force since 1st January 2016. Moreover, it can extend up to 50% of the highest pay, almost ₹1.25 Lakhs per month.
- Commutation of Pension: The benefit of commutation of pension after retirement is also given to you as a teacher or professor of a Government institute. Here, you can withdraw a portion of the total available pension after retirement. This way, you can avail lump sum payouts during financial emergencies.
- Gratuity: Gratuity is also provided to you as a Government teacher or professor. Here, you are similarly allowed to receive this benefit after retirement or death up to a maximum of ₹20 Lakhs. The rate of gratuity calculation is equal to 1/4th of your last drawn basic salary for each completed service of six months. This rule came into force on 1st January 2016.
Years of Service |
Rate of Gratuity Payment |
Less than 1 year |
2 times of basic pay |
1 year or more (but less than 5 years) |
6 times of basic pay |
5 years or more (but less than 11 years) |
12 times of basic pay |
11 years or more (but less than 20 years) |
20 times of basic pay |
20 years or more |
Half of the salary is received after every completed 6 months of service (should not exceed 33 times of total payable salary) |
- Service Gratuity: If you are not serving at least five years as a teacher in any Government institute, you are not entitled to a gratuity. However, in such cases, you can receive a service gratuity for completing six months of each qualifying service. This equals half a month's basic pay (last drawn) and a dearness allowance.
- General Provident Fund and Incentives: As per the General Provident Fund Rules, 1960, all temporary and permanent government employees and pensioners can subscribe to this fund. Here, a lump sum payment of the accumulated savings is given to the subscribers on retirement that require no submission of legal application. However, you can only avail this if employed within 1st January 2004.
- Dearness Relief: As a Government teacher or professor, you can receive dearness relief or dearness allowance as a percentage of your basic salary. The reason to provide this benefit is to reduce the impact of inflation. You can claim this allowance on pension or family pension, keeping in mind all the conditions applicable are attained before receiving it.
- Central Government Employees Group Insurance Scheme: As issued by the Department of Expenditure, a portion of the monthly income of all Government employees, including teachers, is credited to this savings fund while in service. The amount gets accumulated, and interest is also added to this amount. Other than this, this scheme provides insurance coverage to the family in cases of the death of the subscribed teacher or professor.
As a teacher, you must know your retirement age and plan accordingly to ensure enough funds to support your post-retirement expenses. Besides the teachers' retirement age, you should also consider factors like lifestyle goals, expenses, future financial needs, medical emergencies, etc. Overall, you need a comprehensive retirement plan as a teacher to ensure a comfortable and stress-free retirement.
FAQs About Retirement Age in India for Teachers
Can teachers retire earlier than the standard retirement age in India?
Can teachers continue working after retirement age in India?
What should teachers consider when planning for retirement?
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