Minimum monthly pension to rise to RM1,350
The increase from RM1,000 will benefit nearly 59,000 retirees, armed forces veterans and derivative pension recipients.
Prime Minister Anwar Ibrahim announced that the minimum monthly pension in Malaysia will rise from RM1,000 to RM1,350. The increase affects nearly 59,000 retirees, armed forces veterans, and those receiving derivative pensions. The measure is part of a series of initiatives to support civil servants and retirees. Additionally, eligible next of kin of management and professional officers will receive a one-off lump-sum payment, with the ex-gratia benefit for next of kin in cases of workplace accidents or disasters increasing to a maximum of RM50,000.
Civil servants will also see an increase in their total maternity leave entitlement from 360 to 490 days. The budget allocation for these changes is RM339 million, benefiting around 50,000 volunteers.
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- Minimum monthly pension to rise to RM1,350 freemalaysiatoday.com
