Allow employees to work till 65 to ease financial strain, says association


PETALING JAYA: Workers should be allowed to work up to the age of 65 should they choose to do so, says the Malaysian Association of Social Protection Contributors' Advisory Services (SPCAAM).

"According to the United Nations Population Division, global life expectancy at birth for both sexes increased from 46.5 years in 1950 to 71.7 years in 2022. During the same period, the increase in life expectancy in Malaysia was from 52.8 to 76.51 years. People are therefore living longer, and finding it difficult to sustain themselves economically upon their retirement.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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