Retirement age for civil service raised to 58

PUTRAJAYA: The mandatory retirement age for civil servants has been extended from the current 56 years to 58 years, effective July 1.
Civil servants now have a choice to opt to retire at 56 or work until they reach 58 years.
This was one of several announcements made by Prime Minister Datuk Seri Abdullah Ahmad Badawi on Saturday, in response to Cuepacs' demands made earlier this year.
He also said the written test for Grade 1 to Grade 16 officers under the civil service Efficiency Level Assessment (PTK) would be discontinued.
He, however, said the PTK would not be abolished but it would be improved from time to time.
He 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 1 Jan next year, without any arrears.
Abdullah said the decision to increase the retirement age was made based on the current lifespan of Malaysians.
He added that based on a government study, raising the retirement age would not affect employment opportunities for fresh graduates.
"The new generation of public employees should not feel that there is slimmer chance for career development but instead it should be better," he said during the public sector Worker's Day celebration here Saturday

tunku : a good and wise decision by the government.it should be 60years but 58 is close to it.at least for now we can settle at 58.