Proposal to increase the retirement age may resurface once the economy picks up

Undeniably, the ageing population of working c ass citizens pose a challenge to the fiscal and macroeconomic stability of the country through increased government spending on pension, healthcare, and social benefits programs pensioners. There is a plethora of benefits derived should the retirement age be extended despite the arguments that weigh down this option. It is all a matter of hitting that 'sweet spot' and figuring out which economic sectors can best tap on the silver-haired talent. An integrated solution to address the much debated controversy on most suited retirement age is required for Malaysia to rise to the game: A game that will determine whether Malaysia will be able to sustain its economic growth at this critical time. One which saw the battle of the generations through the voices of YB Kula and YB Syed Saddiq. Therefore, pertinent and prompt policy solutions are necessary to ensure fiscal and macroeconomic sustainability as well as the health and well-being of citizens of all ages within the civil sector and eventually private sectors which tend to follow suit soon after.