Companies urged to offer private retirement scheme

Guests paying close attention to Husaini at the Malaysia Retail Chain Association (MRCA) monthly meeting held at Menara Star, Petaling Jaya.

COMPANIES should take advantage of the tax exemptions provided by the Government under the private retirement scheme (PRS).

Private Pension Administration Malaysia (PPA) chief executive officer Husaini Hussin said by providing staff benefits in the form of PRS, companies could save on paying taxes.