Be rational on pension decision, public told

SIBU: The public should be rational on the federal government’s decision to abolish the civil service pension system, replacing it with the Employees Provident Fund (EPF), viewing it from a long-term perspective. Federal Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing urged leaders from both the ruling and opposition parties to not exploit […]

Malaysia’s retirement system ranked third in Asia

KUALA LUMPUR: Malaysia’s retirement system has been ranked third in Asia and 23rd globally despite a slight decrease in the country’s overall index value from 60.1 in 2020 to 59.6 in 2021, the 13th annual Mercer CFA Institute Global Pension Index (MCGPI) revealed. The study of 43 retirement income systems across the globe, which measures […]