No Time To Lose For Malaysia's Pension Reform

Dr Nungsari A. Radhi, Economist

30-Jan-24 08:45

No Time To Lose For Malaysia's Pension Reform

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Last week, the government caused a stir when it announced plans to reform the retirement policy for new civil service recruits this year. Instead of pensions, retirement schemes like EPF and SOCSO will be used. Economist Dr. Nungsari A. Radhi tells us why the shift is necessary and how it can and should be better communicated.

Image credit: Shutterstock.com

Produced by: Shazana Mokhtar

Presented by: Wong Shou Ning, Keith Kam

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Categories: economy, government

Tags: pension civil service, epf socso, retirement policy,

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