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Sarawak looking into setting up pension fund for state civil servants: Abang Jo

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Abang Johari said the establishment of the fund has to also take into account the financial situation of the Sarawak state government. theSun theSundaily pension Funding Finance state civilservants government Malaysia

: The Sarawak government is looking into setting up its own pension fund for the state’s civil servants.said the matter is still under discussion and needs time to be finalised.

“I can’t announce it yet, if the strength is there I will announce it. Now this is still in the discussion stage and we are also looking at the future situation of the state. On Nov 22, the Sarawak State Legislative Assembly passed the Sovereign Wealth Future Fund Board Bill, 2022 with an initial allocation of RM8 billion from the state government.

Meanwhile, Abang Johari expressed his appreciation to the state civil servants for their good cooperation in making the state government’s agenda a success.

 

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