| MEF: The Culture of Providing Adequate Facilities to Aged Society Must be Build Progressively Before Malaysia Reaches Status of Super Aged Nation Malaysia reached an ageing nation – in 2020. World Bank study found that at least 14% of the population is expected to be aged above 60 years by 2044 Those above 60 years are expected to exceed 20% of the population by 2056, giving Malaysia the status of a “super-aged nation”.Press Release
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Tuesday, 14 November 2023 |
| EPF looking into restructuring its members’ account and more The Employees Provident Fund (EPF) is looking into restructuring the account of its members to introduce a new mechanism for saving and withdrawal, and to align the withdrawal age of its members with their minimum retirement age.The Edge Malaysia
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Monday, 9 October 2023 |
| The way forward for retirement planning In this day and age, Malaysians are required to take a long and hard look at their retirement plans, as many are unlikely to retire comfortably without the right preparations.The Edge Malaysia
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Wednesday, 4 October 2023 |
| MEF urges Socso to extend coverage and benefits beyond retirement MEF president Datuk Dr Syed Hussain Syed Husman said that every year, about 2.5% of formal private sector employees retire from their respective employments.The Edge Malaysia
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Wednesday, 24 May 2023 |
| Not the right time to raise retirement age, says MEF Its president Datuk Dr Syed Hussain Syed Husman said it is not the appropriate time for such a change, considering the current unemployment rate of 3.7 percent and a youth unemployment rate exceeding 10 percent.Sinar Harian
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Monday, 15 May 2023 |
| MEF supports the position of EPF that the retirement fund has sufficient liquidity to meet all its obligations MEF President Datuk Dr Syed Hussain Syed Husman, PJN, JP, said that even though the four special Covid 19 pandemic-related withdrawals have resulted in significant reductions in the amount of retirement savings for the members involved, the EPF still remained financially strong and even declared a dividend rate of 5.35% for Conventional Savings and 4.75% for Syariah Savings for the year 2022, with a total payout amounting to RM51.14bil. Press Release
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Thursday, 13 April 2023 |
| Tak perlu lanjut, usia bersara 60 tahun memadai bagi kebanyakan kerja - MEF Presiden Persatuan Majikan-Majikan Malaysia (MEF), Datuk Dr Syed Hussain Syed Husman, berkata pihaknya kekal dengan pandangan had usia bersara tidak perlu dilanjutkan kerana negara tidak tidak mengalami kekurangan bakat atau sumber.Berita Harian
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Monday, 10 April 2023 |
| Increasing age limit to 65 reduces jobs for the young, says MEF The proposed retirement age limit from 60 to 65 may not suitable Malaysia as youths unemployment is still high, said the Malaysia Employer Federation (MEF) president Datuk Syed Hussain Syed Husman.Sinar Harian
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Monday, 10 April 2023 |
| Lanjutan had bersara kepada 65 tahun tidak sesuai Presiden Persatuan Majikan-Majikan Malaysia (MEF) Datuk Dr Syed Hussain Syed Husman berkata, pihaknya kekal dengan pandangan had usia bersara tidak perlu dilanjutkan kerana negara tidak mengalami kekurangan bakat atau sumber.Harian Metro
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Monday, 10 April 2023 |
| MEF against any EPF withdrawals before retirement age “Since the retirement age was raised from 55 to 60 years in 2013, it is no longer relevant for EPF to allow members to withdraw their EPF savings upon reaching 55 years,” said MEF president Syed Hussain Syed Husman.Focus Malaysia
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Saturday, 25 February 2023 |