AmBank Group chief economist Anthony Dass, Norway has the highest average age of retirement, with people in the country retiring between 62 to 75 years, depending on the earnings-related benefits and pensions.
WITH a rising global ageing population, the official age of retirement is edging upwards in most developed countries.
The move is driven by a need to sustain labour productivity and support senior employees who want to work longer in order to improve their financial position during retirement phase.
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