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Welfare state, not pensions
A letter from V. THOMAS, Sg Buloh, Selangor.
Pension, EPF, both require good management
A letter from TK CHUA, Kuala Lumpur.
‘Cuts may drive young away’
KUALA LUMPUR: The removal of permanent posts and pension schemes beginning next year could deter the young from joining the public service, said the Congress of Unions of Employees in the Public and Civil Services Malaysia (Cuepacs).
Short Position, Permaju opts for solar
THERE used to be a distinct difference between renewable energy (RE) and electricity generated by the conventional gas and coal power plants. RE such as solar gets much better rates from Tenaga Nasional Bhd compared to electricity generated by the conventional power plants
Concern over 2019 EPF dividend
This comes as income falls again in the second quarter
EPF reports lower income in Q2 due to weaker market sentiment
KUALA LUMPUR: The Employees Provident Fund Board (EPF) recorded lower investment income of RM12.32bil in the second quarter ended June 30,2019 due to the weaker equities market sentiment.
Bosses against raising retirement age
PETALING JAYA: Employers and manufacturers are not in favour of raising the retirement age to 65 as it will limit the recruitment of younger workers into the workforce.
Syed Saddiq assumes older generation holding on to good jobs, high salaries, says MCA
PETALING JAYA: Youth and Sports Minister Syed Saddiq Syed Abdul Rahman's rejection of a proposal to extend the retirement age from 60 to 65 is immature and suggests that the older generation is holding on to the good jobs, says MCA.
RM500 for COLA, retire at 65
PETALING JAYA: MTUC has proposed for the government to introduce a minimum monthly RM500 cost of living allowance (COLA) for all workers and to increase the mandatory retirement age to 65 in Budget 2020.
Budget 2020: MTUC wants RM500 living allowance, retirement at 65
PETALING JAYA: The Malaysian Trade Union Congress (MTUC) is proposing that the government introduce a monthly RM500 cost of living allowance (COLA) for all workers and raise the mandatory retirement age to 65 for Budget 2020.