PUTRAJAYA: The Public Service Department (PSD) will study the proposal to raise the mandatory retirement age for civil servants from 60 to 65.
According to Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar, an in-depth study of the proposal is necessary before any decision can be made.
"There has been no study on the proposal so far. So, the PSD will conduct one first," he told reporters after attending a lecture titled 'State Capacity and Directed Growth: A Mission-Oriented Approach' by renowned economist Prof Mariana Francesca Mazzucato, here on Wednesday (Aug 6).
On July 31, Prime Minister Datuk Seri Anwar Ibrahim, when tabling the 13th Malaysia Plan (13MP) in Parliament, announced that the retirement age policy would be reviewed in line with Malaysia's demographic shift toward an ageing nation.
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The initiative is part of the ninth strategic thrust of 13MP, which focuses on advancing social justice and equal opportunities for all citizens.
Anwar had stated that various factors, including financial implications and job market dynamics, must be considered before making a final decision on the matter.
The current mandatory retirement age for civil servants in Malaysia is 60, which also serves as the minimum retirement age for private sector workers under the Minimum Retirement Age Act 2012. – Bernama
