M'sia needs a relook at retirement age - World Bank

Malaysia needs to relook at its retirement age policy, considering that the country is becoming an ageing society, said World Bank Group representative to Malaysia and country manager Firas Raad.

In a statement today, he said Malaysia’s demographics have shifted to an era of low fertility and low mortality from a situation of high fertility and high mortality previously.

“Malaysia has passed a crucial milestone in its development trajectory this year and has become...