Should Retirement Age to Be Mandatory to 60?

Should retirement be Mandatory to age of 60?

Name: Chong Hui Venn                                                                   ID. Number: 00011938

Lai Cheng Tung (2013). Perceived Benefits and Drawbacks of the Retirement Age Policy in Malaysia: HR Perspective. International Journal of Business and Management 7, pp.19 [Online]. Retrieved on 8 February 2015 from:

http://www.ccsenet.org/journal/index.php/ijbm/article/viewFile/19018/13658 

This resource entitled Perceived Benefits and Drawbacks of the Retirement Age Policy in

Malaysia: HR Perspective was written by Lai Cheng Tung & Jean Dennis Comeau . It was written in the year 2013. The article is showing a lot qualitative data regarding Malaysia and Asian countries. The author stated that Malaysia has been slower in taking steps to increase the retirement age as compared to neighboring ASEAN countries.  Apart from that, the author provide survey studies. The survey has shown that many of Malaysian agreed that the proposed changes in retirement age should increase to 60 years old. However, there are some people worried about the issues of reduce job opportunity, career advancement for younger workers, low productivity and higher cost compare to younger employees. This resource will be useful as one of the supports for my arguments since it describes the more on advantages of raising retirement age. Therefore, I will use this resource as my supporting details.  The first resource, entitled Perceived Benefits and Drawbacks of the Retirement Age Policy in Malaysia: HR Perspective written by Lai Cheng Tung & Jean Dennis Comeau provides the data that will be useful for my introduction since it described the definition also. Whereas, the second source which is why workers should retire at 60, written by Andrew Lo provides the a lot of data and survey studies, so  that I decide to use in my essay for the opponents. To compare this two articles, the first resource, Perceived Benefits and Drawbacks of the Retirement Age Policy in Malaysia: HR Perspective which is obviously the information that provided is more completed.

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Andrew Lo (2011). Why workers should retire at 60. [Online]. Retrieved on 8 February 2015 from:

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This resource entitled why workers should retire at 60 was written by Andrew Lo mentioned that Malaysia has among the lowest retirement age and among the highest life expectancy compared to other Asian countries. For example, Singapore, Philippines, Thailand have extended the retirement age to between 60 and 65. Moreover, by increasing the retirement age not only to benefit worker but as an economic tool to increase overall productivity of Malaysia. This article strengthens its argument by listing many benefits to the country of an increase in retirement age. For instance, he disagreed that raising retirement age could deny a younger person entry into the workforce. Instead, he believes the old staff show less absenteeism, lower turnover, fewer accidents, higher job satisfaction and more positive work values than younger workers. Throughout the whole article, he insists that retirement age should raise to 60.  Although the article is biased, the argument put forward by Andrew Lo could still be used as opponent’s argument in my research. Therefore, it is a converse detail to my supporting detail;  From there, I could use his arguments with the evidence of reduce job younger opportunity provided in Lai Cheng Tung & Jean Dennis Comeau’s article. Besides, if we compare this article to Lai Cheng Tung and Jean Dennis Comeau, it is obvious that this article focus on benefits of raising retirement age only.