Thursday, September 29, 2011

New Retirement Law to be tabled


New retirement law to be tabled soon. This subject has been in the news of late but is it good for everyone. Has the government consulted all those who need to be consulted? Should the retirement age be raised for all? Will there be changes to the EPF and other retirement plans?

Will the new law allow those who are ready to retire at age 55 years to do so.

Read this about one who wants to retire at age 55 as planned ::

"I read with concern the current proposal for a higher retirement age in Malaysia.

The details of the proposal have not been publicised yet and most of us are in the dark about it.

While the trade unions appear to be heavily consulted in the formulation of the policy, there are millions of other employees who are not members of trade unions and whose views may not be represented.

continue to read here.

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