Your MP's Question of the Week #37

The Employees Provident Fund (EPF) is a scheme that ensures “savings for one’s old age” and has, to a great extent, enabled the rakyat to retire from their jobs with some peace of mind when the time comes. It is a highly benevolent scheme where the rakyat and their employers both contibute to its success. The government of the day, as trustee, must ensure its continuity and grow the fund with utter care for the long-term benefit of the rakyat.

Should the administration be irresponsible and short-sighted to treat the EPF as a tool whereby, during economic downturns, it can use to help lighten the financial burden of the rakyat as an excuse by reducing the percentage of their monthly contributions which will also translate to lower dividends?

– Terjemahan oleh Lee Wee Tak – Ucapan ribuan terima kasih dari Wee Choo Keong –

Soalan Mingguan Wakil Rakyat Anda ke-37

Kumpulan Wang Simpanan Pekerja (KWSP) adalah rancangan yang memastikan “simpanan dana untuk usia tua” dan telah membolehkan kebanyakkan orang bersara dengan minda yang tenang apabila waktu itu tiba. Ini adalah suatu rancangan yang baik di mana majikan dan pekerja sama sama menyumbang kepada kejayaannya. Pihak kerajaan, sebagai pemegang amanah, mesti memastikan kemajuan berterusan dana ini demi manfaat jangka panjang pihak rakyat.

Patutkah pihak pentadbiran dengan kurang bertanggungjawab dan berfikiran jangka pendek hingga menggunakan KWSP sebagai alat meringankan beban kewangan rakyat semasa kemelut ekonomi sedunia menerusi pengurangan kadar caruman bulanan yang akan mendatangkan kadar dividen yag rendah di masa hadapan?

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