An age old decision

The World Bank Group’s country manager for Malaysia Firas Raad recently said that Malaysia may follow the path of Japan towards an ageing society.

THE slightly longer lifespan of Malaysians today has recently brought about the debate of whether a higher retirement age should be pursued as an official policy.

While this observation is prevalent, there are concerns on the other end of this argument that officially allowing higher retirement ages may hinder employment opportunities for those who are new to the workforce.