91.7% of GLIC, GLC employees earning at least RM3,100 as of end-2025
The finance ministry says this follows a joint commitment made on living wages by the six GLICs in May last year.
According to the finance ministry's progress report on the Government-Linked Enterprises Activation and Reform Programme, as of December 2025, 91.7% of permanent employees across six government-linked investment companies (GLICs) and 37 government-linked companies (GLCs) earned at least RM3,100 per month. This represents 189,817 out of 206,987 employees, meeting the benchmark for living wages.
The six GLICs under GEAR-uP are EPF, Permodalan Nasional Bhd, Retirement Fund Inc, Khazanah Nasional Bhd, Lembaga Tabung Haji, and the Armed Forces Fund Board.
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