https://www.thestar.com.my/news/nation/2025...-at-65-proposal

KUALA LUMPUR: The government will study the proposal to raise the retirement age to 65 before presenting it to the Cabinet, says Datuk Seri Anwar Ibrahim.

However, the Prime Minister said the matter has not been raised or discussed in Cabinet meetings.

“Let the ministry study the implications first,” he said, adding that the proposal involves various factors such as financial cost and the creation of new job opportunities.

“The idea deserves attention and consideration but let the relevant agencies discuss it first,” he said after launching Hadiah Bahasa Public Bank – Dewan Bahasa dan Pustaka (DBP) 2025 yesterday.


Recently, Minister in the Prime Minister’s Department (Law and Institutional Reforms) Datuk Seri Azalina Othman Said called on the government to consider raising the retirement age to 65, noting that many individuals at 60 remain healthy and productive.

She pointed out that judges retire at 65, with some Asean countries setting the limit at 70.

In Malaysia, the mandatory retirement age for civil servants is currently 60, which is also the minimum retirement age for private sector employees under the Minimum Retirement Age Act 2012.

When asked about the possible extension of the tenures of three senior judges, including Chief Justice Tun Tengku Maimun Tuan Mat, Anwar replied briefly: “We’re looking at it.”

On Tuesday, Tengku Maimun said she, along with Court of Appeal president Tan Sri Abang Iskandar Abang Hashim and Federal Court judge Tan Sri Nallini Pathmanathan, were still awaiting a decision on whether their tenures would be extended.

Meanwhile, Anwar said Malay­sians must not forget the importance of the national language, even as the country advances in development and technology.

He said a developed nation should not only focus on its economy but also value its national language, arts and culture.

“It would be a grave mistake if the Madani government pursued development without giving due importance to the national language.

“While we work hard to strengthen the country’s finances, we must not overlook a crucial element of nation-building, and having a strong command of our language and appreciating great works of knowledge,” he said.

Anwar also reminded the Education Ministry and the Higher Education Ministry of the importance of the national language, even as some advocate placing greater emphasis on ­foreign languages in education.

The well-known Hadiah Bahasa award has returned after 27 years, following a request from the Prime Minister last year.

Now organised by DBP and Public Bank, the award aims to encourage students and professionals to produce quality work in Bahasa Melayu.

First introduced in 1984 and last held in 1998, the award was established with support from Anwar, who was then patron of the Linguistic Society of Malaysia.

Increase retirement age means that company cannot retire you before reaching retiring age unless you are willing to retire, right?

On positive side, company cannot get rid of you to hire new younger people for less pay.

The company have to bear consequences if aging worker become slow and less efficient.

What is so surprising?

Most countries today already above 60

the real reason, no money to pay out pension and epf.

What is the reason they want to do that? Because of man power shortage? Or because the people don’t have enough saving to retire? Or for some other reason?

because malaysia culture are like a bit france ( remember they riot after the mandatory increase retirement age ) , hedonism culture, tidak apa attitude culture and pleasure happy first, suffer later culture one , after covid many ppl dont want work beyond 50, say explore around the world and stick with family .

Not bad

Should make it optional to retire at either 60 or 65

Duwan lah...better eat less than need to work almost until mampus

No money to pay pension and welfare for old people.
Better work till death

Not surprising, just think need to tahan old fart for some more years.

https://www.bbc.com/news/articles/cvg71v533q6o



You all want be like Denmark and Sweden right? So don't complain lo, you get what you vote for.

because the strawberry generation tak boleh pakai.

when 65 comes, will study proposal for 75

our competitor , neighbor country Singapore, raise to 64 / 69

our idol japan , 65 but normally can go up to 70-80 , they are know for 24/7 black company work culture

our another idol , arab , 65 also

our big brother china, for male 60-63 , for women, it will increase from 55 to 58 for cadres and from 50 to 55 for blue-collar workers

macam mana malaysia ? still 60 ?

malaysia must chase at least to our competitor and neighbor country

azam baki till 65

that’s why need to study…
it’s like taken everyone by surprise that there’s a request to extend retirement!!..
for empteen years..60 has been accepted, suddenly 65 becomes the norm..

but malaysia idol are japan (65) , korea ( 60 for now but ongoing discussion like us ) , arab (65) , china ( 55-63 , depend gender and job )

and our competitor / neighbor country , 64/69 !

dont know m7 why they use denmark and sweden ? love ikea too much ?

what about "forced" retirement for politicians above that age?

Ceiling permissible.

Why all so worked up here? Nobody is stopping you to decide (earlier) for yourself.

Did I miss out any other implications as a result to raising this ceiling permissible to 65?

This post has been edited by jojolicia: May 23 2025, 11:44 AM

The issue is not with mid and low-level workers; they can still perform well at that age.

The main problem lies with top-level employees. Many of them misuse their positions and micromanage, similar to the behaviors observed in baby boomers. Extending their tenure by five years would only create inconveniences for everyone involved.

Bosses should resign at 60 years old. They already well fed with all the benefits and higher salaries.

AMDK ma. Always say they have work life balance. You forgot Australia also, their retirement is 67.

All wanna be like those country, now you get your wish lo.

so when propose 4 days work instead of 5 days? LOL

As if you won't be old fart in the future

Youngsters seems to think they are better all the time but they forgot that they too grow old and those younger than them will call them old farts too not too far in the future 😁

it means you don't have pension or epf until after 65.
gov save $$$$.

Most non gomen servants couldn't afford to retire even at 70 y.o., need to work until too weak to work.

Eh Australia, u right tho, yea malaysia keep licking for AMDK , japan and china

I understand from my wifu, at current permissible ceiling age 60, epf full withdrawal on ordinary account is still at 55.

Should you continue at age >55 contributions (employee + employer or self), THIS will go to new created account 'emas'. This account emas can only withdraw in full at 60.

So if they raise ceiling permissible to 65, it only affects account emas, no?

This post has been edited by jojolicia: May 23 2025, 12:03 PM

gov can change law anytime to make sure you cannot withdraw.
just need majority vote.

work 4 days rest 3 days tak mau study ker?

gila la retire at 65

might as well work your ass off and retire at 50

just waste time only

why dont study and implement on how to prevent those scams involving millions of lost from victims who NEVER read news.

this has nothing to do with working

this has everything to do with you touching your EPF
raiding retirement age = raising the age till you can touch your EPF

Its pure pain to work till 65. Better to retire early and do small hustle

luckily is still under study. sampai pmx tumbang next election also still studying. confirm...

The conclusion that i got from what you said is “ Our competitors are doing it so we also do it”. Is that what you’re trying to say?
Then let me ask you, why we need to follow our competitors?

How u know PMX tumbang la….
U r lucky they did not form a committee to investigate and another committee to reveal the findings and another committee to make proposal and another committee to present proposal and another committee to debate and another committee to see how to implement and so on and on and on….

Epf withdrawal lor.

i gomen kuli also thinks retire at 65 is a crazy idea.

heck, i think 50 years old also, some will have alzheimer and parkinson already.

60 is the max for me.

Honestly i will retire when time has come, IF the youngsters capable to take over.

korea low birthrate.

S. Korea's leading elderly organization proposes raising senior age threshold to '75'

Lee Joong-keun, the 19th Chairman of the Korean Senior Citizens Association, advocates raising the eligibility age for social benefits from 65 to 75

The proposal goes beyond adjusting eligibility for senior benefits, such as pensions and transportation subsidies, by also suggesting a revision of the retirement age for those willing to remain in the workforce.
https://www.chosun.com/english/national-en/...HMKTJ5OANRVDCY/

cause malaysia suka follow their idol

wah ini crazy, 75 , just ngam ngam last year for epf contribution stop support by employer if happen here

Everyone also say want to retire but in reality most can't afford to retire early lah

companies will make it difficult for old ppl and indirectly force them to leave...

Companies can do restructuring and remove roles deemed no longer required to get rid of headcounts.

every 60+ wan to hold and create legacy --- apart of continue receiving cash paidout, benefits and the most is to put the capable people (younger gen) out of the league... sad but true...

So that EPF will have more money and so that gomen no need to pay pension so early.

The only impact to private employees is when they can withdraw EPF. Don't worry about working until 60, most private employees will self resign before that.

It means another 5 years of free health insurance for the oldfags. Cukur.

Not so simple lah. Companies need to bear the extra cost for firing people during restructuring. It is not free because that's what Labour laws demand.

Old people can retaliate by simply not performing, and just wait out the 5 years. Unlike young people who need to prove themselves in order to get career advancement, old people are just waiting to collect paycheck before the inevitable retirement, there is no need to prove themselves. In the long run, companies will suffer because they only have the options to continue to pay salary for low performing staff, or retrench and pay for the retrenchment fee to get rid of them earlier.

For those still under pension, retirement early is a plus. That's why currently many civil servants object to longer retirement age.

work until die

I guess government need to maintain the GDP growth or increase the productivity.

Basically need the T15 to work longer to pay more taxes so that government can continually fuel the B40 and increase the government servants’ salaries

Not to forget the debt is also ballooning. Simply cannot afford the recession

Yup.

Lazy dumb gen z

Not really. Even now with retiring age of 60, you can withdraw your EPF at 55 also. The one above 55 is separated into another account which can't be withdrawn as yet. I think. So, if 65, the 55 I think will still be there.

For now yes.

Thing is they do it step by step.
First raise the retirement age.
Then raise the withdrawal age. Not that this never happen before if i remember correctly.

for now what u saw is like this but u never know what their ultimate plan is

of all the things we're competing with SG, this is the one we want to compete and very determine to "win"

Not enuff money in epf to pay.

Gov don't have pension money?

But the older the employee the higher their pay and the lower their efficiency.

Ageism is very real in Malaysia and there is no protection for it as compared to western countries.

My china MNC now, the moment you hit 35/40 they sudah ask you to retire so fresh budak can come in replace you.

Even those with pensions, do you really think they cam afford to retire early. Only those already high salary will want to retire and they won't get the same $ as their current salary

what if I told you that young and old people are paid the same in my company? flat rate. u tak suka u keluar. do u think people will stay in this company?

Dude, u never know what will happen in the future. EPF also can set new policy and follow the the examples of other countries out there.

I'm not suprised by the time you are officially retired, u can't simply withdraw all the money from your epf account. Can only withdraw monthly and there's limit for monthly.

This is why many people out there still refuse to pump a lot of money inside EPF every month.

The one that do that is near retirement and they don't have to worry. It's the Gen Y and above gen need to worry all the shenanigans that gov of the day will do in the future.

This post has been edited by xpole: May 23 2025, 01:36 PM

For younger gen people, the competition for jobs is not so much from old people.

It will be from automation, robotics, AI, etc.

This post has been edited by CoffeeDude: May 23 2025, 07:05 PM

Ni kerja sampai 99tahun. Sebab peminpin kaya sampai sekarang pun belum mati.

I doubt it is manpower shortage . My guess is the people do not havecenough savings to retire or if theyvretire need to pay pencen.

Tunggu 5 tahun lagi manusia diganti robot.

many epf money already taken out during covid. retire my foot.😂

MP & Adun straight away no more pencen!!

Good point.

Yah. The savings eaten up by inflation.
Heard from news the reason given is 60yo still healthy enough to work. That is bull shit.

This post has been edited by abm: May 23 2025, 01:57 PM

send those 60years old bossed to clean the glass

Do like SG je, cannot take out all, instead you get salary each month

If we want to win we should go straight to 70. Why need to just keep up to SG

Coz Population declining...

because increment of 10 years too dramatic...so have to slowly do it
if directly 10 years increase, guarantee next friday sogo again

we're on that "if they can do it, so can we" mentality

and thn comes all the fail policy that always lose to SG

This post has been edited by MR_alien: May 23 2025, 02:17 PM

The problem is now majority that withdraw all the money from epf upon retirement finish them off in no time.

That is what MP or political people said but if you talk to poor people they have their own reason. Once they get the money, they will clear the remaining house loan. Money also used to repair house that was overdue. Some will go to fix parent house and after that not much left.

By the time I retire I have no loan to clear. Keep the money in EPF to generate enough monthly income which is better than bank

Exactly. Too many cases of people use up all their money after getting EPF and more importantly too many people don't even have the minimum 300k in EPF after retirement

I think we will slowly follow Singapore way in the next few years. Going to be unpopular but it's actually a necessary move

usa no retirement until die

europe 70+

we still much better just more poor

That account is akaun emas. And yes, you can withdraw from this account even though it is reported separately from the normal account.

Agree. The Sporean who retired then withdrew all and spent them on god knows what (including on dragon ladies😂😂😂). And so a fool and his money was soon separated.

Hence LKY and team decide enough was enough and Moore the idea of monthly withdrawal to avoid one time withdrawal to spend on unnecessary items. I am all for it. Ideally the system shd be set a minimum/max value to be withdrawn monthly and the rest can withdraw.

When I think about it, I really don't mind it. You can retire before that age too.

Probably kwsp can introduce a monthly direct debit withdrawal for its member's insurance premiums. Cap to 1 life, 1 critical illness, 1 medical card

This post has been edited by jojolicia: May 23 2025, 03:27 PM

Medical card and insurance already currently available in EPF. U can choose conventional or Islamic ones.

Must buy new policy or can auto debit existing premium from kwsp account?

This post has been edited by jojolicia: May 23 2025, 03:33 PM

Auto debit from EPF, I think. U can get all these when u visit the EPF website.

This post has been edited by fongsk: May 23 2025, 03:36 PM

Wokay, I shall check it out

This post has been edited by jojolicia: May 23 2025, 04:49 PM

Malaysia also got so many cases of retiree spend all within a few years on buy new cars, renovate house, kenduri kahwin for children, etc. too

ITS BIGGEST TRAP!

101% BIG NO!

Later, we all have no chance to use our EPF money!

lol

Side tracks sikit.. remember how the FELDA guys spent their new money after FELDA got listed….. hahahhaa

You dream la. EPF where got money anymore. Remember DAP and PKR said we bancrupt and gomen use up all our EPF monies last time? Remember how the EPF Building in PJ caught fire and all ah soh and ah peks believed DAP and panicked cos gomen ‘erased all EPF record’…. We already bancrupt how many years edi and EPF is empty la. Manada EPF anymore… just namesake saja !

Atuk, our saviour! Pls come back and save us again. I know u have repented and want to make Malaysia better by removing the 3R. No gomen of Mesia has ever dare to do this! Pls ave us again, Atuk! Atuk Cuba, ok? 😈😈😈😈😈

You think he won't change retirement age to 65 and change EPF withdrawal conditions

You forget he is the root of everything and he knows the impact if this is not done

Also, if you're rich enough, nobody stopping you from retirement. If you need to spend big after you get your EPF, then it's clear that you will use up all your EPF in a few years time and even more needed to extend your retirement and limit your withdrawal 😜