Malaysia

Review GLC pensions, urge labour union

Low pension payment a problem for many retirees from GLCs, says Union Network International-Malaysia Labour Centre

Updated 5 years ago · Published on 22 Nov 2020 1:25PM

Review GLC pensions, urge labour union
Some pensioners from GLCs are receiving pensions as low as RM180 a month. – November 22, 2020

KUALA LUMPUR – The Union Network International-Malaysia Labour Centre (UNI-MLC) wants the government to review the pension payment rate for pensioners from government-linked companies (GLCs).

Its president, Datuk Mohamed Shafie BP Mammal, said the government should provide ways to help pensioners from Telekom Malaysia Bhd, Tenaga Nasional Bhd, Keretapi Tanah Melayu, Pos Malaysia Bhd, North Port, PLUS, Malaysia Airport and other agencies that were privatised in the early 1980s and 1990s, by including it in Budget 2021.

“The low pension payment is one of many social and economic problems. There are pensioners with service below than 25 years receiving pensions as low as RM180 a month," he said in a statement today.

UNI-MLC has sent 10 memoranda in the last 20 years in the hopes that their demands will be met and taken into account in every budget, he added. – Bernama, November 22, 2020
 

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