Syed Saddiq: Higher retirement age will hurt youth job prospects

Published on 5 Sep 2019 1:32:57 PM

Youth and Sports Minister Syed Saddiq Abdul Rahman repeated his objection to a proposed increase to the retirement age to 65, arguing that this would be detrimental to youth employment and career advancement.

The minister said that on Thursday and claimed such a move would reduce the number of new job openings and slow down the promotions of younger employees.

Syed Saddiq also refuted claims that Malaysians are unemployed due to low wages rather than a lack of jobs, saying higher salaries would be pointless for the youth if they do not have job opportunities.