The higher the retirement age, the better? It depends

A multi-generational workforce collaborates in an office. The government's 13th Malaysia Plan (13MP) includes initiatives to extend the working age beyond 60 and provide digital training for older workers, in response to the needs of an ageing society. — RAJA FAISAL HISHAN/The Star

PETALING JAYA: The extension of the current retirement age from 60 to 65 years old should remain optional and fulfil the needs of the performing industries, say experts.

Prof Dr Balakrishnan Parasuraman from Universiti Malaysia Kelantan said the extension should only be for important sectors, especially performing ones, but a blanket implementation for all is needed.