According to the World Bank, old-age income security is dependent on individual retirement savings or familial support, in the absence of broad-based social assistance programmes.
While the youth are most affected by Covid-19 job losses, retrenched workers aged 45 and above within the B40 group are also facing exceptional challenges remaining in and re-entering the workforce.
FIFTY-SIX year old Siti (not her real name) has been without a steady income since she lost her job last March as a canteen cook where she used to make RM80 a day.
