Carian mengenai topik pension

#AWANITonight with @cynthiaAWANI

1. Israeli man caught with guns to be charged tomorrow - IGP
2. Pension reform: Charting a seamless transition

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As Malaysia prepares to introduce a new pension system in 2024, Practice Professor of Finance Joseph Cherian highlights the need for the move, despite its potential unpopularity.

Datuk Seri Anwar Ibrahim said RM250 would be paid to government retirees, including pensionable and non-pensionable veterans.

Why do so few Malaysians can afford retirement? Joseph Cherian, Practice Professor of Finance at the Asia School of Business, delves into pension challenges and proposes fairer, sustainable alternatives to ensure inclusive coverage in their later years.

An incentive payment of RM1,000 will also be made to all government retirees including pensionable and non-pensionable veterans.

Datuk Seri Amir Hamzah Azizan said govt was committed to ensuring welfare and well-being of civil servants and pensioners always protected.

Datuk Seri Dr. Ahmad Zahid Hamidi said the new recruitment policy would be implemented this year, with details to be announced by PSD.

The govt decided to top up the amount considered insufficient so that it is not less than the (pension) salary that should be received.

Minister of Communications and Digital Fahmi Fadzil said the good news would also involve the pensioners.

An estimated 32,000 new retirees are recorded every year, and the govt spends RM31 bln to pay the pensions of more than 900,000 retirees.

PM Datuk Seri Anwar Ibrahim said the government is working on the details of the mechanism and will make an announcement soon.

Lawyer Datuk Mohd Haaziq Pillay Abdullah said the apex court's decision would also be recognised as valid law.

The Federal Court today affirmed the Court of Appeal's decision that declared the amended pension law as null and void.

Datuk Seri Ahmad Maslan said the govt hopes KWAP will continue with the special programme to educate and raise awareness among pensioners.

The French government said a total of 281,000 people took to the streets across France.

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