No to raising retirement age, but govt may consider it for certain sectors

With our longer life expectancy and higher cost of living, some are proposing that Malaysia raise our current retirement age of 60. – 123rf.com

ONE in 10 people in Malaysia now is aged 60 and above.

In the next seven years, or by 2030, Malaysia is expected to become an ageing nation – meaning, 15% of our population will be made up of this age group.