Malaysia expected to become a ‘super-aged nation’ by 2056

PETALING JAYA: Malaysia is an ageing nation – in 2020, a World Bank study found that at least 14% of the population was expected to be aged above by 2044, with this age group expected to exceed 20% of the population by 2056, giving it the status of a “super-aged nation”.

And as rising costs see retirement funds dwindling rapidly, recruitment experts say the employment scene has also seen more seniors looking to re-enter the workforce.