Hullabaloo over retirement age

THE Prime Minister may have shot down the MTUC proposal to raise the retirement age from 60 to 65, but don’t think for a moment that the matter will end.

Agreeing with Youth and Sports Minister Syed Saddiq Syed Abdul Rahman’s view to retain the current retirement age so as not to block employment opportunities for the younger generation, Tun Dr Mahathir Mohamad was reported to have said, “If we are to set the retirement age at 65, the deadwood will be sitting on their chairs and others will not be able to sit there (via promotion).”