Consider reviewing retirement age, says expert

KUALA LUMPUR: The government should consider reviewing the retirement age, which is now 60, to prepare for an ageing population.

Associate Professor Dr Mohd Awang Idris

Psychologist Associate Professor Dr Mohd Awang Idris, however, said consideration should be given to providing more career opportunities to prevent issues like job scarcity among the younger generation.

“Even though the elderly are allowed to work past the retirement age, they could be allowed to work for limited hours in a week, for instance.

“An ageing society is a concern not only in Malaysia, but many countries in the world.

“With an average life expectancy of 76 in Malaysia, many people are susceptible to health issues common among the elderly, like dementia and Alzheimer’s,” said the lecturer at Universiti Malaya’s Department of Anthropology and Sociology.

He said studies had found links between retirement and cognitive decline.

“With an average life expectancy of 76 in Malaysia, many people are susceptible to health issues common among the elderly, like dementia and Alzheimer’s,” said the lecturer at Universiti Malaya’s Department of Anthropology and Sociology.

He said studies had found links between retirement and cognitive decline.

Source from https://www.nst.com.my/news/nation/2021/04/681398/consider-reviewing-retirement-age-says-expert
Written by News Straits Times