HOME > NATION > Article

Text Size

small

medium

large


Defence Ministry to review early retirement proposals from 4 agencies

Defence Ministry to review early retirement proposals from 4 agencies

Provided by Nation.

The Defence Ministry has been appointed to hear recommendations from four agencies over its royal decree to allow early retirement for military officials with the rank of Colonel, Captain, Group Captain and above.

The Cabinet approved in principle this royal decree on Tuesday, which would allow military officials aged 50 years or above to receive their highest salary of up to 10 times plus a position payment and tax exemption.

A source from the Government House said on Wednesday that the Cabinet has appointed the Defence Ministry to hear recommendations as follows:Council of State: As the Cabinet has approved in principle this royal decree, the Council of State will consider the royal decree further.

Public Sector Development Commission: The Defence Ministry should monitor and evaluate the project outcome, so it can be adapted to early retirement for public officials further.Budget Bureau: The ministry should allocate the budget from its fiscal year 2025 expenditure and fiscal year 2026-2027 public official allocation. Also, the ministry should prepare capacity planning and report the project outcome to the bureau to ensure appropriate annual budget expenditure.

National Economic and Social Development Council: Relevant agencies should issue laws which cover eligibility, conditions and processes clearly, focusing on the country's reform of salary structure and other benefits.

NATION

HEADLINES

POLITICS
S. Korean Court Decides on Release of Pres. Yoon, Indicted over Martial Law
ECONOMY
Tokyo Forex (5 P.M.): U.S. Dollar=147.67-68 Yen; Euro=1.0829-0831 Dollars
SPORTS
Japan Sumo Assn Issues Warning thru Stable Masters against Use of Online Casinos
OTHER
2,520 Still Missing ahead of 14th Anniversary of March 2011 Quake, Tsunami

AFP-JIJI PRESS NEWS JOURNAL


Photos