Malaysia sasar 6 daripada 10 ahli KWSP capai simpanan asas RM390,000 menjelang 2030

By 2030, six out of every ten Malaysia KWSP members will reach a basic savings of RM390,000. Prime Minister Anwar Ibrahim stated that currently, nearly four in ten KWSP members are on track to achieve this goal by the age of 60 before 2030. This progress, he said, is commendable, but a large number of Malaysian citizens are at risk of falling short of sufficient savings throughout their retirement, which may span 20 to 25 years.

The Prime Minister made these remarks at the ISWC 2026 Social Welfare International Conference. Finance Minister II Amir Hamzah Azizan read out his statement, alongside Malaysian Prime Minister's Department II Hannah Yeoh and KWSP Executive Director Ahmad Zulqarnain Onn. The Prime Minister highlighted the challenge of covering millions of Malaysian workers who operate outside the conventional labor sector, as the country's social protection system is largely based on that sector.

Anwar stressed that the system needs to evolve with changing work characteristics. "There is another reality we must face. For the foundation, retirement may be designed for a 30-year horizon. For households managing food, rent, and education expenses, the planning horizon may only extend to the end of the week. Asking the public to prepare for 2048, when the future is uncertain, is not just about financial safety nets; it's about financial capability."

He said, the retirement pension starts with income, good work, and the ability to consistently save, and the retirement agenda needs to move in line with the wage agenda. Anwar said, the government will allocate RM1.26 billion for the elderly, benefiting 180,000 Malaysians who have retired, expanding the activity center to ensure that aging is not necessarily synonymous with isolation.