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Top Countries Where Retirement Comes Early

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India

India has the second-lowest retirement age, ranging between 58 and 62. However, India is also considering raising the retirement age depending on the type of work.

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Indonesia

Like many other neighboring countries, Indonesia has an aging population. The retirement age in 2024 is 58, but it increases one year every three years.

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North Korea

Due to the aging population and living expenses, some return to the workforce, reportedly for lower wages and less secure working positions. Certain military officials officially retire once they die.

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South Korea

However, the country’s current retirement age is 60, though demographic shifts and labor shortages mean that many of those 60 and above can choose to remain part of the workforce.

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Malaysia

Despite considering raising the retirement age to 65, in Malaysia, it is still 60, and premature retirement is not possible

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Oman

Currently, women in Oman retire at 55 and men at 60. However, that number rises one year every seven years, though the new program offers better maternal and paternal leave

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Pakistan

However, this won’t be the case for much longer, as the country will likely raise the minimum retirement age for men to 62 to reduce the burden of pension payments.

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Philippines

The mandatory retirement age for civil workers in the Philippines is 65 years. They currently have the option to take early retirement at 60.

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