The government also is revising pay for civil servants. Depend how high for each level. There is also compounding and high interest rate return in EPF over many years. So must rework the maths at the end of public servant service. Overtime, the contributions can also be adjusted to meet retirement needs along with inflation. Not everyone will be happy since money save is for future and seemingly no immediate montary benefits.
60% if the employee has served 30 years and above instead of 25 years required.
@wonderfooshare2 ай бұрын
there is another advantage for epf, if govt servants quit the job half way they still got some money in epf else got nothing from pension at all
@bennylim-gu3ep2 ай бұрын
Too many Government servants, have to cut down increase Efficiency!
@winnieismyfriend40172 ай бұрын
没办法就只有这个方法。
@michaeljian702 ай бұрын
其实不难,政府只需提高薪金相等于GLC水平。然后每年有机会加薪。新一代应该没话说。
@khlim25352 ай бұрын
EPF much more better than Pencen A worker with epf contribution can enjoy freely with his epf saving while pencen worker only enjoy limited 50% his last draw salary very month
@carloslim74112 ай бұрын
有机会当政府就要敢敢改,不要等到没政府做了才来后悔
@nezumimidori23962 ай бұрын
在东马的话除了马来人做公务员还有土族也有一些华人。。。
@giant1082 ай бұрын
Dr Ng didn't touch on gratuity yet which is an integral part of the package.
The computation of the pension payment is not based on the last drawn total salary, but instead on the last drawn basic salary. It excludes all the other allowances . For example the last salary of a retired government of RM5000, in which may only include RM4000 basic salary and the rest allowances of RM1000. So based on the rate of 50% of last drawn salary, the monthly pension is RM2000 and not RM2500 . Allowance whether it be fixed or variable is excluded in the pension calculation. Whether the rules remain the same and unchange, i am not that sure.
啊聪,我想告诉你。现有的退休金对国家财政最致命的算法有几点。第一,公务员本身去世了,妻子或未满21儿子可以继续领。第二,他们领的不只是50% of the last salary. 每一年这份退休金会增加2%。这2%是加在去年领的退休金,每年如此已“复利形式”加上去。如果领了20年, 他们第21年的公积金大概会比当初55岁(第一年)的退休金在再多出50%. (这不是Gaji Buta, 或天上掉下来的钱吗?) 这个每年2%的增幅是Najib在2013年推出的。这个2%的每年增幅让退休金支出以 exponential rate 爆涨,国家是不可能有能力负担的。