Page 17 - AEI Insights 2020 - Vol. 6, Issue 1
P. 17

Furuoka et al, 2020



                 Country                      Legislation                    Highlight

                 Thailand                     National Pension Act (2017)    Ensure that income security in
                                                                             old age is guaranteed as a basic
                                                                             human right, and to strengthen
                                                                             the old age pension

                 Singapore                    Retirement      and      Re- Employees  who  turn  62  can
                                              employment Act                 continue to be employed in the
                                                                             organisation  if  they  meet  the

                                                                             eligibility   criteria   of   re-
                                                                             employment
                 Viet Nam                     Law on the Elderly (2010)      Activities  of  promoting  the
                                                                             elderly's role
               Table 5: National legislation pertaining to the rights of older people.


               Removal of barriers and obstacles which serve to exclude and discriminate older people in
               workforce  should  be  practiced  among  ASEAN  countries  in  promoting  employment
               opportunities  for  all  in  ways  appropriate  to  their  age  and  capabilities.  Among  ASEAN
               countries, Singapore is on the lead in preparing their ageing workforce with various measures
               including  legislations  and  programmes  for  older  workers.  In  Singapore,  the  minimum
               retirement  age  is  62.  Based  on  the  Retirement  and  Re-employment  Act,  it  is  a  must  for
               employers  to  offer  reemployment  to  their  employee  upon  reaching  62  of  age  to  continue
                                               st
               working until the age of 67. On 1  July 2012, the re-employment age was raised from 65 to 67
               for older workers who wish to work. This age-friendly employment policy by eliminating age
               barriers is both timely and indispensable to be adopted in other ASEAN countries as it could
               ease the fiscal pressure on pension schemes and health care systems.

               Policymakers in ASEAN countries should emphasize in promoting decent work to older people
               with flexible employment which includes flexible working hours and working condition. This
               can be implemented in the workplace by providing and matching suitable work scopes with
               older workers’ potential and physical conditions. Flexible working hours could ensure that
               older people could work within their health limitations and physical capacity. ASEAN can
               learn from other countries as such flexible work environment becomes the reason for many
               individuals in most high-income countries to be able to continue working in old age and attain
               work enjoyment (Choi, Ospina, Steger, & Orsi, 2018).
               A growing  number of countries  have started  exploring  various options to encourage older
               people to keep active in the labour market. The majority of older people in ASEAN countries
               such  as  in  Thailand,  Vietnam  and  Malaysia  are  working  in  agriculture  sector,  mostly
               concentrated in rural areas (Adhikari, Soonthorndhada, & Haseen, 2011; Thanh Long & Thi
               Ly, 2015; Wan Ahmad, Ismail, & Rahman, 2011). Expanding the sectors where older people
               can work may be an option in ASEAN countries by encouraging various income-generating
               opportunities  for  older  persons.  For  instance,  Malaysia  has  introduced  the  Silver
               entrepreneurship, a strategic initiative in encouraging older people and retirees to embark into
               entrepreneurial  career  (Ahmad,  Nasurdin,  Halim,  &  Taghizadeh,  2014).  Expanding
               employment opportunities could increase the income-generating potential among older people
               thus reducing their vulnerability in the society.
               In sum, the greying workforce will pose various challenges especially in the formulation of
               labour  market  policies  in  ASEAN.  Many  ASEAN  countries  are  still  lacking  in  terms  of
               legislations pertaining to protecting older people’s rights in the labour market. Proper policies,


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