A lot of countries in the list quoted by TS eg Netherlands you get full pension only upon working till the required age eg 67.

Private sector also pension by govt. 🤔

I'm ok with senile old ppl working. But how menurunkan kuasa is coin in 1st place.

Not not taking the responsibility, unclear order, go meeting and seminar and go back office just handle PowerPoint presentation and ask all staff do it . Oh! I should using bold, UPPERCASE and humongous Font. Like their belly.

the problem is some old people are somewhat senile and cant make logical decisions anymore
this will create trouble in the workplace

Conclusions
In short, the authors conclude, older workers appear to be as productive as younger workers, but they may cost more to employ.

You make good points, but all my confident in the system has been broken last few years. We all know it as much as we wan to believe the opposite.

Also there is no guarantee that ppl can remain employed in private all the way to 60. Most will be laid off many2 years before that so no more contribution. Any work they can fine maybe pay minimum wage at most unless they take out capital to do own business. Job for life is very lesser now.

For gov pencen, plenty of lifetime servants who keep head down and retired at 60, monthly draw around 7k+ not bad what. These days can live another 25 yrs. Then pass to spouse and children some more + other benefits for serving nation. If it is kacang putih as u imply they wouldn't have pushing civil servants to epf system because too expensive

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Fyi, 34 countries provide social pension to the elderly/retirees that is funded by tax money. In USA, their Social Security Fund for retirees is being used or borrowed by the US government for its annual budget.  In Malaysia, the government also borrows from the EPF for its annual budget, besides providing social pension to retired civil servants. Similarly for other countries borrowing from the pension funds for  their annual budgets.

So, there is motivation for the governments in the world to extend the retirement age to about 65-75 yo = pension fund or social pension withdrawal age also extended, so that the govts could borrow more from the pension funds or spend less tax money for social pensions. .......

https://en.wikipedia.org/wiki/Pension

https://en.wikipedia.org/wiki/Social_pension

https://en.wikipedia.org/wiki/Social_Securi...(United_States)
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Yea, i personally know one retiree whos some sort of state representative for whatever the heck, is drawing close to 5k only for pencen.

And he’s not your average govermental servant ya.. he has drivers, and a shitload of very “official” looking benefits such as authorized to officiate shits, have state owned cars and the shebangs.

He just told me that most of his prior $ comes from additional allowances thats not part of pencen calculations, and his base salary is ciput, says i can just google his salary scale for his grade and I’ll understand. But of course i couldn’t be bothered and he got no point in lying to me anyway

You don't know how government pension works / calculated. 

Bcoz raising retirement age is an indirect reflection of the failure of gomens to curb costs of living and inflation...

Instead of solving the issue , you're made to work longer to ensure you have adequate savings or if you still dont have enuff savings by that retirement age - you will definitely be nearly your last days. So you're just a temporary problem for them until your depopz...

Many people I talked to said that felt happy after retirement for few months and then don't know what to do with boredom

No we are not, our population is still young and brain drain of young talents are real.

sos : https://www.populationpyramid.net/malaysia/2024/

older people have lower productivity and bloated salary is also a fact - must be addressed.

Extending these people retirement age only does not help, dismiss them from their existing authorities and important positions to become teacher to nurture the young ones ?
Yes please - question is nobody is going to do it that's why we have retarded teachers.

if you are type C then yes then this race is going extinct in Malaysia in the future but truth is for Malaysian, we have a lot of Kelantan and Terengganu babies coming to KL work

When Najib increase the retirement age to 60, it was the same lah

There are people who supports it and there are people who are against it

As for bloated civil service, you should consider how we calculate our civil service

We include police officers, military personnel and teachers but most countries do not include them

The biggest issue today is more towards unbalance distribution of civil service

Look at government hospitals for examples. Why are nurses and doctors bogged down with doing administrative jobs?

Fact is today, the pros of extending the retirement age is higher than maintaining it at 60

Why are there so many people especially youngsters are against it?

Singapore retirement age is 64 and do you really think our people savings are more than Singaporeans when they retire?

No issue with raising retirement age, provided epf withdrawal remains at 55/60

I want to have the freedom to choose whether to continue working or relaxing in my later years but i can't agree to my epf funds being locked away like singapore

Mana Japan retirement age ah? haha

yep. my grandma is 92 and still collecting half pension from my grandfather. My father also collecting pension for 15 years now.
Private sector, all will bising if they raise EPF withdrawal to retirement age, but I think even I will work past 55, if anything just to keep busy....or just do some other easier and flexible jobs like consulting.

to be honest, i dont know. Maybe 1k +. Its not much in these days but hey, no one is complaining.

Coz they got no other good choice or alternative party to vote for, eg  the PAP has often won more than two-thirds majority in GE = could change the Constitution = change CPF rules. In Malaysia, not often got two-thirds majority.
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Only benefits those bosses…if work as kuli until old not worth it….

I think is to give the people the option to choose because some old folks still healthy at 65. If they want to continue work till 65 up to them. But epf money must be able to withdraw at 55.

60 pun sudah tak efficient. lagi mau extend? bayar gaji mahal tapi buat kerja ciput. dah la still with boomers mentality. ofcoz youngsters will oppose.

Malaysia used to be retire at 55. Stick with it.