ID :
211762
Sat, 10/08/2011 - 06:28
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Shortlink :
https://www.oananews.org//node/211762
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BUDGET: THREE GOOD NEWS FOR CIVIL SERVANTS
KUALA LUMPUR (Bernama) - Prime Minister Najib Razak on Friday announced three good news for civil servants, namely an increase in retirement age to 60 as well as salary increment and bonus payment.
Tabling the 2012 Budget in the Dewan Rakyat today, the prime minister said the government would pay a half-month salary bonus with minimum payment of RM500 to its 1.3 million civil servants and RM500 in assistance to 618,000 government pensioners.
These would be paid in the December salary, he said.
On the retirement age, Najib said civil servants aged 55 to 60 were capable of contributing based on their skills and experience.
"The government will extend the compulsory retirement age from 58 years to 60 to optimise the civil servants' contribution. This extension will not jeorpardise employment prospects for the younger generation as the public and private sectors will continue to create new job opportunities," he said.
The government will also introduce the New Civil Service Remuneration Scheme (SBPA) replacing the Malaysian Remuneration Scheme, under which civil servants will receive an annual salary increment of RM80 to RM320 according to their grade.
"In addition, civil servant who opt to receive the SBPA will receive an annual increment of between 7 per cent and 13 per cent," he said.
He also said that some 600,000 pensioners would get to enjoy pension adjustments following the implementation of the SBPA.
"Effective 2013, the government will implement an annual pension increment of two per cent without having to wait for any review of the remuneration system or salary adjustments," he said.
On the SBPA, he said, the government was making improvement on the salary structure of the civil servants with a view to allowing them to get annual salary increments for a longer period.
"With this, the maximum salary grade will be higher," he said.
The government would also offer study fees assistance to civil servants who pursued higher learning on a part-time basis, he said.
Tabling the 2012 Budget in the Dewan Rakyat today, the prime minister said the government would pay a half-month salary bonus with minimum payment of RM500 to its 1.3 million civil servants and RM500 in assistance to 618,000 government pensioners.
These would be paid in the December salary, he said.
On the retirement age, Najib said civil servants aged 55 to 60 were capable of contributing based on their skills and experience.
"The government will extend the compulsory retirement age from 58 years to 60 to optimise the civil servants' contribution. This extension will not jeorpardise employment prospects for the younger generation as the public and private sectors will continue to create new job opportunities," he said.
The government will also introduce the New Civil Service Remuneration Scheme (SBPA) replacing the Malaysian Remuneration Scheme, under which civil servants will receive an annual salary increment of RM80 to RM320 according to their grade.
"In addition, civil servant who opt to receive the SBPA will receive an annual increment of between 7 per cent and 13 per cent," he said.
He also said that some 600,000 pensioners would get to enjoy pension adjustments following the implementation of the SBPA.
"Effective 2013, the government will implement an annual pension increment of two per cent without having to wait for any review of the remuneration system or salary adjustments," he said.
On the SBPA, he said, the government was making improvement on the salary structure of the civil servants with a view to allowing them to get annual salary increments for a longer period.
"With this, the maximum salary grade will be higher," he said.
The government would also offer study fees assistance to civil servants who pursued higher learning on a part-time basis, he said.
