COMMENT | Civil service pension changes should be executed properly

COMMENT | The announcement last week by Deputy Prime Minister Ahmad Zahid Hamidi that new batches of civil servants will not be on a pensions scheme but will be contributing to Employee Provident Fund (EPF) accounts for their retirement benefits.

This created much confusion among many stakeholders, so much so that Prime Minister Anwar Ibrahim had to come out to say that this policy change was still at the proposal stage.

I am not sure what made Zahid want to make that announcement when the details of the policy change have not been confirmed yet.