CAMBODIA
Cambodia’s Ministry of Civil Service has announced it will increase the retirement age of all Public Servants to 60 years with immediate effect.
This means that nearly 2,000 Public Servants who were expecting to retire in the next few weeks would now have to continue working, in some cases for five more years.
The previous retirement age varied from 55 to 60, according to the officer’s position.
Minister for the Civil Service, Pich Bun Thin said those who had reached retirement age in November and had been given pension funds for the first time, would now be required to give back the money and return to their desks.
Under-Secretary for the Ministry of Civil Service, Chut Monny said the new law would apply to those who had previously been set to retire from November onwards.
“Those who already retired in October will not be affected by the law,” he said.
Meanwhile, Vietnam’s Parliament has passed a law increasing the nation’s retirement age for all workers to 60 years for women and 62 for men.
However, in this case the new ages will be phased in. The male retirement age will be gradually increased from 60 to 62 by 2028, while the female retirement age would increase from 55 to 60 by 2035.
In a statement, the Government said that starting in 2021, the male retirement age would increase by three months per year while the female retirement age would increase by four months per year.
Workers might be given permission to retire sooner depending on the nature of their job.
“Those working in dangerous environments or doing heavy lifting can retire sooner, while those working in the private sector or in highly skilled jobs can retire later,” the statement said.
Phnom Penh, 26 November, 2019
