Higher EPF Contributions And Pension Schemes For Senior Citizens

In conjunction with Labour day, we look at several proposals being made for workers: Firstly, we looked at calls for employers EPF contributions to be raised to 20%. Then, Parti Sosialis Malaysia has proposed a pension plan for all senior citizens, so we discuss this with them.

Some of the experts we heard from include:

• -Dr Mohd Afzanizam Abdul Rashid, Chief Economist and Social Finance at Bank Muamalat

• -Dr Carmelo Ferlito, CEO, Centre For Market Education

Image Credit: Shutterstock

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