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Media Releases

PETRONAS

Media Releases - 2013

22/7/2013

PETRONAS IMPLEMENTS NEW MINIMUM RETIREMENT AGE

 
PETRONAS wishes to inform that it has implemented the new retirement age of 60 years for its permanent employees effective on 1 July 2013 in line with the Minimum Retirement Age Act 2012.
 
The application of the Act has however been exempted for a group of male employees who had previously accepted PETRONAS’ offer for variation of their retirement age from 60 years to 55 years and who had received compensation for the variation.
 
 
Issued by
 
Media Relations Department
Group Corporate Affairs Division
PETRONAS
 
22 July 2013