Telekom Malaysia rolls out optional retirement scheme

  • ‘Skim Mesra’ available to employees aged 55 and above
  • In response to requests by its employees, says company

TELEKOM Malaysia Bhd has announced a special optional retirement scheme called Skim Mesra, available to its employees aged 55 and above.
The voluntary scheme is in response to requests by its employees, the company said in a statement.
It is open to eligible employees aged 55 and above to take up optional retirement with a special incentive and designated benefits until they reach age 60.
Telekom Malaysia rolls out optional retirement scheme“Over the run-up to and the implementation of the Minimum Retirement Age Act 2012, TM’s management had been continuously engaging with our employees, or Warga TM, in assessing the impact of the new legislation not only from the perspective of TM as the employer, but also from our employees’ perspective,” said TM group chief executive officer Zamzamzairani Mohd Isa (pic).
“Over this time, we had received requests and suggestions relating to early retirement.
“In formulating this scheme, we have been working closely with our TM employee unions – the National Union of Telecommunications Employees, the Union of Telecoms Employees Sarawak, Sabah Union of Telecom Employees, and Sabah Union of Telecommunication Employees,” he added.
Zamzamzairani said that TM will also extend, as part of the scheme, certain benefits which would be accorded to employees should they remain in service with the company up to age 60.
TM said it has implemented the new retirement age of 60 for its employees nationwide effective July 1, 2013 in accordance to the Minimum Retirement Age Act 2012.
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