DPM says proposal to stop pension scheme still under study
Deputy Prime Minister Datuk Seri Wan Azizah Wan Ismail says the government is still studying the proposal to terminate the Public Service Pensions Scheme for new appointments from next year. — Bernama pic
Yesterday, director-general of Public Service Datuk Seri Borhan Dolah said starting next year, new appointments in the public service may no longer be made under the permanent and pension schemes, but will be made under an improved contractual scheme. Earlier, in her speech, Wan Azizah who is also Minister of Women, Family and Community Development, urged financial institutions in Malaysia to emulate Bank Islam by introducing products or services which encourage the involvement of women in entrepreneurial areas.
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