Ministry to identify formula to help armed forces veterans without pension - Hishammuddin

The Defence Ministry will be identifying a formula to assist the Malaysian Armed Forces (ATM) veterans who are not on the pension scheme to cope with the rising cost of living.

Its minister, Datuk Seri Hishammuddin Tun Hussein said the ministry was now in talks with the relevant agencies over the matter.

"So far, we have about 176,000 ATM veterans without pension...and the number increases each year.

"We also need to look at the pension scheme and find a solution to help (them) in this challenging economic situation. I hope the prime minister can help us," he told reporters after the passing-out parade of the Malaysian Army recruits Series 181-2/16, here, Saturday.

Hishammuddin said finding such a formula did not mean that the veterans did not enjoy any benefit after retiring, but they had opted for a scheme which saw them receiving a lump sum payment.

"It's just that the money (they received) has been spent and now they have to deal with this tough situation...I understand and we will try to sort this out," he said.

Meanwhile, Hishammuddin said the ministry would study its housing agenda for ATM members with families as it had never been a focus since independence.

"The agenda includes providing affordable homes. We will work closely with the state governments, government agencies and industry players," he said.

The minister also said the welfare of ATM members would continue to be one of the ministry's five focus areas.

Earlier, a total of 1,525 male recruits completed their six-month basic training comprising character building, general military knowledge, weapon handling, physical training, warfare skills, and spiritual and moral aspects.

- BERNAMA