With the lifespan of a Malaysian man projected to be 74.4 in 2025, will the individual be able to support himself into old age if he retires at 55? It may be a win-win situation if the age is extended as keeping those beyond 55 would boost the workforce.
IF MALAYSIA’S maximum retirement age is increased to 60, there could potentially be close to a million more workers to boost the nation’s workforce within five years.
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