Showing posts with label more benefits to staff of statutory bodies. Show all posts
Showing posts with label more benefits to staff of statutory bodies. Show all posts

Tuesday, 26 March 2013

PM announces more benefits to staff of statutory bodies

KUALA LUMPUR: Some 40,000 employees of seven Government statutory organisations are set to enjoy benefits such as pension and housing allowance.

Prime Minister Datuk Seri Najib Tun Razak announced yesterday that a pension fund would be set up for the staff of Bank Simpanan Nasional, Inland Revenue Board (IRB), Lembaga Tabung Angkatan Tentera, Employees' Provident Fund (EPF), Socso, Tabung Haji and the Ex-Servicemens Affairs Corporation (Perhebat).

Other benefits include standardising employers' EPF contributions, fixed housing allowances and gratuity for retirees.

Najib, who is also Finance Minister, said the move was in response to requests made by the organisations last month.

“As a Government that listens to the people, feels the pulse of the rakyat and takes care of their welfare, I am glad to announce the setting up of a pension fund for staff at these statutory bodies,” he said in his address to 8,000 workers at Putra World Trade Centre.