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pension

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No one left behind: Retirees to enjoy benefits from SSPA pension adjustments

No one left behind: Retirees to enjoy benefits from SSPA pension adjustments

This pension adjustment is implemented every time a new remuneration system is introduced, says Tan Sri Wan Ahmad Dahlan.
Thu Oct 31 2024
Family plans ‘jenazah Ghaib’ prayer after search for missing Felcra pensioner halted

Family plans ‘jenazah Ghaib’ prayer after search for missing Felcra pensioner halted

The search for Sabari ended on Wednesday after a three-day SAR operation along a 13-kilometre stretch of the river yielded no results.
Thu Oct 03 2024
PM announces salary adjustment of up to 15 per cent for civil servants

PM announces salary adjustment of up to 15 per cent for civil servants

Pension adjustments will also be implemented based on the final salary adjustment of retirees in December 2024.
Fri Aug 16 2024
Consider This:MP Pensions (Part 2) - How Many is Too Many?

Consider This:MP Pensions (Part 2) - How Many is Too Many?

A new eye-opening investigative report by MalaysiaKini’s Kini News Lab has shed light on the substantial pensions awaiting elected representatives after their tenure. The report highlights how some MPs are eligible for more than one pension due to holding different positions across their careers. Should MPs be entitled to multiple pensions for their various roles that they’ve served? On this episode of #ConsiderThis Melisa Idris speaks to Syed Saddiq Syed Abdul Rahman, MP for Muar, Johor.
Thu Jun 27 2024
Consider This:MP Pensions (Part 1) - How Many is Too Many?

Consider This:MP Pensions (Part 1) - How Many is Too Many?

A new eye-opening investigative report by MalaysiaKini’s Kini News Lab has shed light on the substantial pensions awaiting elected representatives after their tenure. The report highlights how some MPs are eligible for more than one pension due to holding different positions across their careers. Should MPs be entitled to multiple pensions for their various roles that they’ve served? On this episode of #ConsiderThis Melisa Idris speaks to Ooi Choon Nam, Senior Journalist at Malaysiakini, and Aidila Razak, Special Reports Editor at Malaysiakini.
Thu Jun 27 2024
Time to embrace serious reforms in pension, retirement framework - PM

Time to embrace serious reforms in pension, retirement framework - PM

Datuk Seri Anwar Ibrahim said a recent survey found that 26.1% of respondents aged above 60 will continue to work until their health fails.
Tue Jun 04 2024
World Bank says 1.8 mil additional Ukrainians in poverty as Russia's war drags on

World Bank says 1.8 mil additional Ukrainians in poverty as Russia's war drags on

The situation would be much worse if Ukraine had not received substantial foreign budget support to pay old-age pensions and salaries.
Fri May 31 2024
[COLUMNIST] Monopoly, monopsony, civil servants’ wage hikes, inflationary pressures & pensions reforms

[COLUMNIST] Monopoly, monopsony, civil servants’ wage hikes, inflationary pressures & pensions reforms

In the context of Malaysia, there's very little evidence of a surge in demand-pull inflation based on available data.
Fri May 17 2024
RM500 special Aidilfitri aid for civil servants, RM250 for pensioners - PM

RM500 special Aidilfitri aid for civil servants, RM250 for pensioners - PM

Datuk Seri Anwar Ibrahim said RM250 would be paid to government retirees, including pensionable and non-pensionable veterans.
Mon Apr 01 2024
Early Incentive Payment for civil servants to be disbursed on Feb 23

Early Incentive Payment for civil servants to be disbursed on Feb 23

An incentive payment of RM1,000 will also be made to all government retirees including pensionable and non-pensionable veterans.
Tue Feb 06 2024
Existing civil servants under pension scheme will not be affected - Amir Hamzah

Existing civil servants under pension scheme will not be affected - Amir Hamzah

Datuk Seri Amir Hamzah Azizan said govt was committed to ensuring welfare and well-being of civil servants and pensioners always protected.
Fri Jan 26 2024
Recruitment of new civil servants on non-pensionable permanent basis - DPM Zahid

Recruitment of new civil servants on non-pensionable permanent basis - DPM Zahid

Datuk Seri Dr. Ahmad Zahid Hamidi said the new recruitment policy would be implemented this year, with details to be announced by PSD.
Thu Jan 25 2024
Govt assures retirees pension amount will not decrease - PM

Govt assures retirees pension amount will not decrease - PM

The govt decided to top up the amount considered insufficient so that it is not less than the (pension) salary that should be received.
Thu Dec 14 2023
Fahmi hints good news, salary increase for civil servants next year

Fahmi hints good news, salary increase for civil servants next year

Minister of Communications and Digital Fahmi Fadzil said the good news would also involve the pensioners.
Mon Dec 04 2023
Govt assures pensions for retirees to continue, improved - Ahmad Maslan

Govt assures pensions for retirees to continue, improved - Ahmad Maslan

An estimated 32,000 new retirees are recorded every year, and the govt spends RM31 bln to pay the pensions of more than 900,000 retirees.
Tue Sep 05 2023
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Fri Nov 22 2024
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
Fri Nov 22 2024
King Charles' coronation cost GBP 71mil, govt accounts show

King Charles' coronation cost GBP 71mil, govt accounts show

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Fri Nov 22 2024
Couple and associate charged with trafficking 51.9 kg of meth

Couple and associate charged with trafficking 51.9 kg of meth

A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
Fri Nov 22 2024
PDRM to consult AGC in completing Teoh Beng Hock investigation

PDRM to consult AGC in completing Teoh Beng Hock investigation

The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Fri Nov 22 2024
Thai court rejects petition over ex-PM Thaksin's political influence

Thai court rejects petition over ex-PM Thaksin's political influence

Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Fri Nov 22 2024