Retirement age up to 58!

This week most of the civil servants are going to make their decision whether to extend their pension age limit up to 58 years. For those who are enjoying their work, this is a very good opportunity to keep on serving the government; means the rakyat.

There are talks over a cup of coffee, this age limit is going to be push up again to 60! This is not impossible at all. Most of the countries have done it such Singapore etc.

So to all the government servants, just take the offer for 58 years ( if you are healthy enough or no bussiness in mind!) because surely you will sign another form to prolong your service up to 60 years old! Just keep our fingers close!

Extra reading:

Retirement age now 58
Sunday, 11 May 2008 01:16PM
©The
Sunday Star
PUTRAJAYA: The mandatory retirement age for civil servants
has been extended from the current 56 years to 58, effective July 1.

Civil servants now have a choice of opting to retire at 56 or work until they
reach 58.

Among the goodies announced by Prime Minister Datuk Seri Abdullah Ahmad Badawi
was discontinuing the written test for Grade 1 to Grade 16 officers under the
civil service Efficiency Level Assessment (PTK).

He, however, said the PTK would not be abolished but its methods would be
improved from time to time.
Goodies: Abdullah announcing incentives at the public sector Workers Day
gathering at the Putrajaya International Convention Centre yesterday.

The PM also said effective Jan 1 next year, the calculation of pension for
pensioners and pension recipients would be based on a maximum of 30 years of
service compared to the current 25 years.

However, the recalculated pension will only be paid from Jan 1 next year without
any arrears.

Abdullah said the decision to increase the retirement age was made based on
Malaysians’ current lifespan.

He added that based on a government study, extending the retirement age would
not affect the employment opportunities of fresh graduates.