PM: Pension payment to follow original amount

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“Therefore, the government will also study the civil service salary revision which also covers the pension of retirees,” he said in a statement today. theSun thesundaily pension derivativepension civilservants retirement

: The government has decided that the July pension and derivative pension for civil servants who retired before and from 2013 be paid using the original pension amount.said this is following a Federal Court decision, which will involve pension payments for civil servants who retired before 2013 to be reverted to the December 2012 amount while those who retired from 2013 onwards will have their pension payments reverted to the original amount at the time of their retirement.

“The government always appreciates public service pensioners’ contributions and is concerned for their welfare in the current situation. Anwar, who is also Finance Minister, said the pension adjustments would be implemented according to the stipulated percentage increase in line with the Pensions Adjustment Act 1980 .

In view of this, Anwar hopes that the government’s decision will have a positive impact on civil servants and retirees.

 

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