The decision will benefit 43,899 employees.
This comes in the backdrop of FM Nirmala Sitharaman saying the Initial Public Offer of LIC would be floated in 2021-22 as part of her government's ambitious Rs 1.75 lakh crore disinvestment target.
Harish said the retirement age for law employees was 60 and for medical employees 65 and that for government employees was 60 in some States and 62 in a few others.
Members of Telangana Students' and Unemployed JAC burnt a poster of Chief Minister K Chandrasekhar Rao in front of the Arts College in Osmania University.
The Chief Minister also announced that the pay hike would be given to all 9.17 lakh government employees including contract and outsourcing employees.