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Malaysia is conducting a comprehensive study on the feasibility of raising the mandatory retirement age to 65 for both public and private sector employees. Considerations include health, productivity, career progression for younger workers, and long-term financial implications. The study, under the National Ageing Framework, will also explore phased implementation, optional early retirement, and health assessments for those choosing to work until 65. Current retirement age remains at 60. The government is also addressing the growing elderly population with initiatives like elderly-friendly housing outlined in the Kuala Lumpur Structure Plan 2040.
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