IT does not take a rocket scientist to understand that life after retirement is hard, especially in today’s context. With numerous reports in the press about “rising inflationary costs” and “longer lifespans”, it wouldn’t be surprising that the average Malaysian is wondering if she/he can officially retire at the supposedly “comfortable” age of 60.
If we add Covid-19 to the equation, mandatory retirement at 60 is not exactly a comforting option. Hence, it is crucial that the government consider raising the retirement age to 65, as called for by the World Bank recently.
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