Govt to foot some RM120bil in pension payments if new salary scheme not introduced

2024-01-24 109,783

The government has to spend some RM120bil to cover pension payments by 2040 if new salary schemes in hiring public officers are not introduced, says Datuk Seri Dr Ahmad Zahid Hamidi.

Speaking to reporters on Wednesday (Jan 24), the Deputy Prime Minister said the new salary scheme is expected to be announced by the Public Service Department director-general within this year.

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