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.
To help tackle this issue, the association has proposed to allow workers to work until 65 years old, should the individual choose to do so. "For those who elect to retire at 60 years of age for whatever reason, they should be allowed to do so. This should apply to both the private and public sectors.
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