M’sia in need of pension reforms, says Anwar

KUALA LUMPUR: It is time the country embraces serious reforms in its pension and retirement framework to ensure financial security and equity for all Malaysians, says the Prime Minister.

Datuk Seri Anwar Ibrahim said a recent survey found that 26.1% of respondents aged above 60 would continue to work until their health fails as they faced income security challenges to finance their retirement needs.