LittleSpeck, 25 Jan 2009
When the government recently proposed extending the retirement age from 62 to 65 - and even beyond - Singaporeans reacted negatively.
But this is one issue I can reluctantly agree with, whether I like it or not, because of the fundamental, perhaps permanent, changes in the world economy.
In other words, the traditional concept of workers retiring at 62 or 65 to play with grandchildren may be becoming impossible in matured economies - especially Singapore with its open economy that's dependent on others.
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