A study on the employee's perception towards new retirement age policy in Malaysia : case study in public sector / Sanaria Abd Majid and Sarina Mohd Arif

• Main Authors: Abd Majid, Sanaria, Mohd Arif, Sarina
• Format: Student Project
• Language: English
• Published: 2013
• Subjects: Perception; Retirement. Retirement industry. Retirees; Malaysia
• Online Access: https://ir.uitm.edu.my/id/eprint/50536/1/50536.pdf; https://ir.uitm.edu.my/id/eprint/50536/
• Institution: Universiti Teknologi Mara

Malaysia is a country that has many policies especially to the employees' itself. One of the policy is related to the employees is Retirement Age policy in the government sector. This policy is enforced to all civil servant that working with the government organization in Malaysia. Malaysia was adapting the retirement age policy from the British retirement system where mandatory retirement for the government servants is set at 55 years old in 2001. As all know, this policy was increased from 56 to 58 in 2008, where it is the lowest number or retirement age policy in Asia. Finally it increased again from 58 to 60 in 2012. This is due to the demand from made by the Malaysia Congress of Unions of Employees in the Public and Civil Service (CUEPACS) where they want to extend the retirement age from 58 to 60 years old. Due to this policy where fully implemented early 2012, there have different response among the public especially to the public servant.