Working on retirement

There is a lot of public discourse now on raising the retirement age and there is certainly more awareness on issues such as social protection and the silver economy catering to an ageing society, which Malaysia transitioned into from 2020 according to World Bank measurements. — ART CHEN/The Star

WITH people having low savings in this country, raising the retirement age seems like a reasonable solution. The longer people work, the more they can save for their retirement.

Then, there are other benefits, such as employer-paid medical coverage for themselves and even their families. Public sector workers and their families are entitled to medical coverage even after they retire.