Document background
The Voluntary Retirement Letter is a crucial document in Malaysian employment practice, used when an employee chooses to retire from their position before or at the statutory retirement age of 60 (as per the Minimum Retirement Age Act 2012). This document serves multiple purposes: it formally communicates the employee's intention to retire, establishes the timeline for the retirement process, and creates a record for both HR and legal purposes. The letter should be prepared in accordance with Malaysian employment laws and company policies, typically including details about notice periods, benefit calculations, and handover arrangements. It's particularly important in ensuring compliance with local regulations while protecting both employer and employee interests in the retirement process.
