No reason to delay studying, upgrading pension scheme, says Anwar

No reason to delay studying, upgrading pension scheme, says Anwar

No reason to delay studying, upgrading pension scheme, says Anwar
Prime Minister Anwar Ibrahim said that 2023 saw the highest investments in Malaysian history, adding that this showed investors’ confidence in the nation’s political stability.Prime Minister Anwar Ibrahim said that 2023 saw the highest investments in Malaysian history, adding that this showed investors’ confidence in the nation’s political stability. upgrading pension scheme, says Anwar

KUALA SELANGOR: There is no reason the government should delay studying and upgrading the pensions system, says Prime Minister Anwar Ibrahim.

Speaking at the Central Zone Madani Rakyat programme’s closing ceremony at the Kuala Selangor Sports Complex here, Anwar said that the system had gone through 10 years without any changes, and needed to be studied and upgraded.

“Even though (the unity government has been in power) for a year, and there are financial limits and economic problems, we must find a way. There is no reason why we cannot expedite its implementation,” he said.



The national pension scheme has been the subject of much debate after public services department director-general Wan Ahmad Dahlan said the government would implement a contract appointment system for new recruits in the civil sector.

Deputy prime minister Ahmad Zahid Hamidi also said that new hires in the civil service would no longer get pensions, but would contribute to EPF and the Social Security Organisation (Socso) as part of a broader initiative to phase out traditional pensions.


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Meanwhile, Anwar said that 2023 saw the highest investments in Malaysian history, adding that this showed investors’ confidence in the nation’s political stability.

“This is an extraordinary achievement. This is not Anwar’s work. This is our team’s hard work. Not just the ministers, but also the officials.

“People are confident in Malaysia’s political stability. When our politics are stable, our policies are clear. And people know that these policies will stay, God willing, for at least four more years,” he said.



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No reason to delay studying, upgrading pension scheme, says Anwar


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