Retirement age stays at 56

There are loads of arguments about making the Retirement age stays at 56. Pro and cons.

One thing for sure is, Cuepecs, or any labour oraganisation of the country, being lead by someone with no real academic qualification, but, more on as*-licking exercise, will continue licking as*, and keep failing all the blue collar workers, as well as all general citizen of the country.

Freedom of expression can be practiced very well at this level first, then we have a more empowered citizen of the country!

Nordin. Get good advice if you don't have good ideas to work on!
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The Star Online > Nation

Tuesday September 6, 2005

Retirement age stays at 56

KUALA LUMPUR: The retirement age for civil servants will remain at 56. The Government has no plan to raise it to 58, Chief Secretary to the Government Tan Sri Samsudin Osman said.

He said the Government was not ready to accept the proposal by Cuepacs to increase the retirement age.

“Several years ago, Cuepacs proposed that it be raised to 58, but the Government has not made such a decision,” he told reporters after presenting the 2004 Excellent Service Awards for the Federal Territories Ministry and agencies under it.

He said this when asked to comment on a news report that the retirement age for some 850,000 civil servants might be raised to 58 from next month.

According to the report, the move was to address a burgeoning pension bill that had tripled over the last decade, with the number of pensioners and pension recipients rising from 305,000 to 513,689 in just a decade from 1994.

It said the Government had to fork out RM4.96bil in pension payments last year. – Bernama


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