Reflecting On The Law

Meeting the pension obligation

By Shad Saleem Faruqi

The political risks of any attempted reform of the law and practice relating to government employment are many. But inaction is not an option.

MALAYSIA has about 958,700 pensioners and beneficiaries, and the annual payment to them in 2020 was RM26.38bil.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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pensioners , payment , ageing nation
Shad Saleem Faruqi

Shad Saleem Faruqi

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