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By Nor Baizura Basri
KUALA LUMPUR, Oct 9 (Bernama) -- The 2027 Budget provides a fair and equitable share for citizens from all strata of life, despite the government navigating a tough global landscape, as it is fully cognizant of the challenges ordinary people face in their everyday lives.
KUALA LUMPUR, Oct 2 (Bernama) -- Malaysia should consider providing targeted income support to those aged 70 or 75 instead of introducing a universal pension at a younger age, said Axiata Group Bhd chairman Tan Sri Shahril Ridza Ridzuan.
KUALA LUMPUR, Oct 1 (Bernama) -- Malaysia's pension system needs to evolve as people live longer and patterns of work change, with reforms needed to strengthen coverage, adequacy, equity and the sustainability of retirement income over a longer lifespan.
KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia can consider establishing a national-level decumulation mechanism that converts accumulated retirement savings into lifelong income as the country prepares for an ageing population, said Singapore Central Provident Fund Board (CPFB) deputy chief executive officer (services) Wong Yan Jun.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 29 (Bernama) -- A university researcher suggested that Employees Provident Fund (EPF) contributors must have at least RM100,000 in savings by the age of 55 to enable them to afford living expenses of RM780 per month after retirement.
KUALA LUMPUR, Sept 4 (Bernama) -- The Economy Ministry is examining the structure of the country's preparedness as Malaysia moves towards becoming an ageing nation, through Budget 2027.
