MALAYSIA:::MTUC seeks RM300 cola for 10 million workers / MTUC SARAN ELAUN SARA HIDUP RM300 SEBULAN BAGI 10 JUTA PEKERJA SWASTA

 

PETALING JAYA, Dec 27 (Bernama) -- The Malaysian Trades Union Congress (MTUC) today proposed a RM300 per month cost of living allowance (COLA) for all the 10 million private sector workers in view of the escalating cost of living.

MALAYSIA:::EPF sets RM196,800 as minimum savings at age 55 starting January 2014 / Kadar simpanan asas baharu KWSP Januari ini

ARITIKEL DALAM BAHASA DIBAWAH ARTIKEL INI.


The Employees Provident Fund (EPF) has reminded its members on the new quantum Basic Savings set at RM196,800 as the minimum amount that must be in their EPF account by the time they reach the age of 55, effective next month.
EPF general manager for public relations, Nik Affendi Jaafar said the new rate was benchmarked against the minimum pension for public sector employees, currently at RM820 per month for a period of 20 years from the age of 55 to 75 years.
He said the rate would be reviewed every three years based on retirement needs, inflation rate and the cost of living.