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Malaysian Budget 2012 on retirement age 071011 CIMG0946.AVI Video

This CIMG0946.AVI YouTube is part of Malaysian Budget 2012: PM YAB Dato' Seri Najib Razak announced the compulsory retirement age for civil servants to be increased from 58 years old to 60 years old during the Malaysian Budget 2012 in Parliament on Friday, 7th October, 2011.
Recorded live on TV3

*PM YAB Dato' Seri Najib Razak mengumumkan Umur Pesaraan Wajib dilanjutkan daripada 58 tahun kepada 60 tahun semasa Bajet 2012 di Parliament.

Our The Star in-house columnists' views on the budget
* It is a terrible disappointment that the retirement age for the private sector remains at 55 while for civil servants it has been raised to 60 from 58. This widens the disparity between civil servants and the private sector to a very large five years and seriously undermines the lifelong earning capacity of private sector employees. The private sector retirement age should have been raised to at least 58. The Government has capitulated to the pressure of private sector employers, disappointing millions of workers and hampering its own efforts towards becoming a high income nation.

This link http://www.youtube.com/watch?v=xD-rzkaEjOM