Higher Retirement Age? Trend And Growth Analysis Of Labour Market In Malaysia
Table 1:
No | Country | Life Expectancy | Life- expectancy- retirement age difference (yrs) | Life- expectancy to retirement age ratio | Median Age | Retirement Age |
1 | Brunei | 76.4 | 16.4 | 1.27 | 30.5 | 60 |
2 | Cambodia | 69.4 | 11.9 | 1.21 | 25.7 | 57.5 |
3 | Indonesia | 69.3 | 12.3 | 1.22 | 30.5 | 57 |
4 | Laos | 65.8 | 5.8 | 1.10 | 23.4 | 60 |
5 | Malaysia | 75.3 | 15.3 | 1.26 | 28.7 | 60 |
6 | Myanmar | 66.8 | 6.8 | 1.11 | 27.5 | 60 |
7 | Philippines | 69.3 | 9.3 | 1.16 | 23.7 | 60 |
8 | Singapore | 82.9 | 20.9 | 1.34 | 34.9 | 62 |
9 | Thailand | 75.5 | 15.5 | 1.26 | 38.1 | 60 |
10 | Vietnam | 76.3 | 16.3 | 1.27 | 30.9 | 60 |
Average | 66.1 | 11.9 | 1.22 | 26.7 | 54 |