RETIREMENT is when most folk get the chance to finally stop running the rat race and concentrate on what really makes them happy.
After decades of working, it's good to finally reach that goal post and find some time to rest and recover.
However, according to a post that's gone viral, the government has decided to move that goal post, meaning that people now have to wait longer to retire.
Is it true that the retirement age has been raised to 65?
Verdict:
FALSE
The government has never made any decision to raise the retirement age to 65, said the Malaysian Communications and Multimedia Commission (MCMC).
It said that based on its observation, the matter became viral after a local newspaper article dated April 11, which quoted the views of a professor.
"It was only the view of a professor and not an official statement by the government," the MCMC said through its portal Sebenarnya.my.
The article, published about four months ago, claimed that the Future Labour Market (EU-ERA) forecast the retirement age in Malaysia would be increased from 60 to 65 within the next few years.
According to the article, the mandatory retirement age in Malaysia which has been set at 60 was relatively lower compared to other countries like Japan, which has set its retirement age at 65.
References:
1. https://sebenarnya.my/
