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.