Ministry mulling raising retirement age from 60: Rohani

JUNE MOH

KUALA LUMPUR: The Women, Family and Community Development Ministry is considering raising the nation’s mandatory retirement age.

Its minister, Datuk Seri Rohani Abdul Karim, said she has heard various and mixed views on the matter, which need to be discussed and debated.

“We increased the retirement age from 55 to 60 not long ago, and we are now assessing the (result).

“The existing support structure (for retirement) has been geared for the age of 60. (So) the structure would have (to be) in tandem with the retirement age (if we were to change it),” Rohani told reporters after opening the Social Protection and Sustainable Development – Empowering Older Persons event at Berjaya Times Square here, today.

She said much engagement has to be carried out with different stakeholders before any change can be implemented.

“The ministry has held (active discussions) about increasing the retirement age. (The matter also involves other parties), not just my ministry.

“There are people who look forward to their retirement at age 60. On the other hand, younger workers would be affected, as they will have fewer opportunities to be promoted in the workplace,” Rohani added.