BFM 89.9
The Business Station
Incremental Progress In Pensions Reform
11 mins
·
08:30, 20 Jan 2025
·
Recommended
Guest: Dr Lee Hwok-Aun, Senior Fellow, Malaysian Studies Programme, ISEAS-Yusof Ishak Institute
The High Court has ruled that pensions for retired civil servants should be adjusted based on their final salary, in line with the 2016 Public Services Department circular. This decision challenges the previous 2% flat annual increase introduced by the 2013 Pension Adjustment Act and requires the government to settle outstanding pension arrears within three months. We discuss the implications of this decision with Dr Lee Hwok-Aun, Senior Fellow, Malaysian Studies Programme, ISEAS-Yusof Ishak Institute.
Image Credit: Shutterstock.com
Presenter: Shazana Mokhtar, Philip See
Producer: Tun Hizami Hashim
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Incremental Progress In Pensions Reform
11 mins
·
08:30, 20 Jan 2025
Guest: Dr Lee Hwok-Aun, Senior Fellow, Malaysian Studies Programme, ISEAS-Yusof Ishak Institute
The High Court has ruled that pensions for retired civil servants should be adjusted based on their final salary, in line with the 2016 Public Services Department circular. This decision challenges the previous 2% flat annual increase introduced by the 2013 Pension Adjustment Act and requires the government to settle outstanding pension arrears within three months. We discuss the implications of this decision with Dr Lee Hwok-Aun, Senior Fellow, Malaysian Studies Programme, ISEAS-Yusof Ishak Institute.
Image Credit: Shutterstock.com
Presenter: Shazana Mokhtar, Philip See
Producer: Tun Hizami Hashim
Share:
Recommended
Feb 5
·
35 minsFuture-Proofing Malaysia’s Workforce
Feb 5
·
19 minsAsbestos In Your Home?
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Recent episodes
0
Latest Stories
Podcasts · Feb 5 · 35 mins
Future-Proofing Malaysia’s Workforce
Podcasts · Feb 5 · 37 mins
From Uni Mates to RM30M Biz: Vepro’s 23 Years in Robotics
Podcasts · Feb 5 · 19 mins
Asbestos In Your Home?