Latest news with #MinimumRetirementAgeAct2012
Borneo Post
23-05-2025
- Business
- Borneo Post
Extend retirement age only with performance-based mechanism, says ex-State Secretary
Ose says that technological advancements have rendered some positions redundant and underscored the needs for civil servants to adapt to modern digital demands. MIRI (May 23): Raising the civil service retirement age to 65 years old may be a good move but it must be supported by a proper mechanism to ensure that staff remains competent and efficient, said former state secretary Dato Ose Murang. He stressed that in the public and private sectors, performance and adaptability – particularly in the digital age – must take precedence over age. 'The idea of extending the retirement age has merit but the focus should be on retaining high-performing personnel while gradually phasing out those who no longer meet the required standards,' he told The Borneo Post . 'There must be a proper mechanism in place to keep the high-performing civil servants and phase out the non-performing ones.' Ose was contacted for his view on Minister in the Prime Minister's Department Datuk Seri Azalina Othman Said's recent proposal for the government to consider extending the civil service retirement age to 65. Azalina said her suggestion was based on the 'active ageing' concept, observing that many older Malaysians remain capable and energetic. She also cited that several Asean nations have already implemented higher retirement ages. Ose, who retired from the civil service at 64, pointed out that technological advancements have rendered some positions redundant and underscored the needs for civil servants to adapt to modern digital demands. 'Without such adaptability, extending service may only be both unproductive and unpragmatic,' said Ose, who is Curtin University Malaysia Board of Directors chairman. Malaysia has already revised its civil service retirement age three times since the Pensions Act 1980, raising it from 55 to 56, then to 58 in 2008, and to 60 in 2012. For the private sector, the Minimum Retirement Age Act 2012 sets 60 as the baseline. extend retirement age lead Ose Murang performance mechanism retirement age
The Star
22-05-2025
- Business
- The Star
Govt to study ‘retirement at 65' proposal
Literary award: Anwar launching Hadiah Bahasa Public Bank – Dewan Bahasa dan Pustaka 2025. With him are Public Bank managing director and chief executive officer Tan Sri Tay Ah Lek (right), Education Ministry secretary-general Datuk Dr Aminuddin Hassim (left) and Deputy Education Minister Wong Kah Woh. — Bernama 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.
Borneo Post
22-05-2025
- Business
- Borneo Post
Proposal to raise retirement age needs comprehensive study, says Anwar
Anwar says that before any decision is taken, the proposal ought to be discussed at the ministerial level first and then presented to the Cabinet Ministers. – Bernama photo KUALA LUMPUR (May 22): The proposal to raise the mandatory retirement age from 60 to 65 is one of the issues that needs to be given attention and consideration, but must first be studied comprehensively, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar, also the Minister of Finance, said that before any decision is taken, the proposal ought to be discussed at the ministerial level first and then presented to the Cabinet Ministers. 'We have not brought it up to the Cabinet. Let them study its implications, such as finance, new job opportunities and so on. 'Let them review it because this is a proposal that ought to be given attention and considered,' he told reporters after officiating the launch of the 'Hadiah Bahasa Public Bank-Dewan Bahasa dan Pustaka (DBP)' ceremony here today. Also present at the launch were Deputy Education Minister Wong Kah Woh, DBP Board of Governors chairman Datuk Dr Anwar Ridhwan and Public Bank Berhad deputy chief executive officer Datuk Sulaiman Abdul Manap. Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said had previously proposed that the government consider raising the mandatory retirement age from 60 to 65. Azalina, who suggested this in her personal capacity, said it would be a loss when individuals are made to retire at the age of 60 when they are still energetic, productive and capable of contributing to the workforce. In Malaysia, the mandatory retirement age for government employees is currently set at 60. This is also the minimum retirement age for private sector employees under the Minimum Retirement Age Act 2012. – Bernama anwar ibrahim comprehensive study prime minister retirement age
The Sun
22-05-2025
- Business
- The Sun
Proposal to raise retirement age needs comprehensive study
KUALA LUMPUR: The proposal to raise the mandatory retirement age from 60 to 65 is one of the issues that needs to be given attention and consideration, but must first be studied comprehensively, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar, also the Minister of Finance, said that before any decision is taken, the proposal ought to be discussed at the ministerial level first and then presented to the Cabinet Ministers. 'We have not brought it up to the Cabinet. Let them study its implications, such as finance, new job opportunities and so on. 'Let them review it because this is a proposal that ought to be given attention and considered,' he told reporters after officiating the launch of the 'Hadiah Bahasa Public Bank-Dewan Bahasa dan Pustaka (DBP)' ceremony here today. Also present at the launch were Deputy Education Minister Wong Kah Woh, DBP Board of Governors chairman Datuk Dr Anwar Ridhwan and Public Bank Berhad deputy chief executive officer Datuk Sulaiman Abdul Manap. Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said had previously proposed that the government consider raising the mandatory retirement age from 60 to 65. Azalina, who suggested this in her personal capacity, said it would be a loss when individuals are made to retire at the age of 60 when they are still energetic, productive and capable of contributing to the workforce. In Malaysia, the mandatory retirement age for government employees is currently set at 60. This is also the minimum retirement age for private sector employees under the Minimum Retirement Age Act 2012.
The Sun
22-05-2025
- Business
- The Sun
Proposal to raise retirement age needs comprehensive study, says PM
KUALA LUMPUR: The proposal to raise the mandatory retirement age from 60 to 65 is one of the issues that needs to be given attention and consideration, but must first be studied comprehensively, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar, also the Minister of Finance, said that before any decision is taken, the proposal ought to be discussed at the ministerial level first and then presented to the Cabinet Ministers. 'We have not brought it up to the Cabinet. Let them study its implications, such as finance, new job opportunities and so on. 'Let them review it because this is a proposal that ought to be given attention and considered,' he told reporters after officiating the launch of the 'Hadiah Bahasa Public Bank-Dewan Bahasa dan Pustaka (DBP)' ceremony here today. Also present at the launch were Deputy Education Minister Wong Kah Woh, DBP Board of Governors chairman Datuk Dr Anwar Ridhwan and Public Bank Berhad deputy chief executive officer Datuk Sulaiman Abdul Manap. Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said had previously proposed that the government consider raising the mandatory retirement age from 60 to 65. Azalina, who suggested this in her personal capacity, said it would be a loss when individuals are made to retire at the age of 60 when they are still energetic, productive and capable of contributing to the workforce. In Malaysia, the mandatory retirement age for government employees is currently set at 60. This is also the minimum retirement age for private sector employees under the Minimum Retirement Age Act 2012.
