According to a report by Thai news site PBS World yesterday, hundreds of thousands of civil servants in Thailand may have to work for another five years before they are eligible to receive a pension.
The Thai government is considering raising the retirement age for civil servants from 60 to 65.
The move is aimed at addressing the problem of labor shortages following Thailand's declining birth rate.
Currently, around 1.7 million Thais work in the public sector and many of them are approaching the age of 60.
However, the government's proposal has caused mixed reactions.
Some supporters argue that the expertise of older and more experienced civil servants can benefit the country and reduce the burden on the government budget.
However, some critics warn that if the move is implemented, it risks closing job opportunities to young people.
The increase in the retirement age will also affect hundreds of thousands of civil servants, except for police officers.
Thailand's Deputy Prime Minister, Borwornsak Uwanno, stated that the Public Service Commission, together with the Head of the Financial Regulatory Department and the National Economic and Social Development Council, are studying the proposal.
