Posted by speakup > 2018-11-16 15:28 | Report Abuse

problem is any govt has NO GUTS to do what is right.

Posted by chinaman > 2018-11-16 15:35 | Report Abuse

Since no one at Pakatun dared to catch the bull by the horns, next generation has to pay the price when the time bomb exploded. wakaka

Posted by ahbah > 2018-11-16 15:41 | Report Abuse

Only bloated with political appointments and many top posts are paid at market rate now. Our Dr M already settled this problem.

Posted by speakup > 2018-11-16 15:43 | Report Abuse

malaysia baru? really?

Posted by chinaman > 2018-11-16 15:46 | Report Abuse

Dr M only sack 17,000 political appointees.-very small cut. What about 1.5million civil servants??? can the size reduced further??? can the pension fund convert to EPF??? many reforms still need to be done. problem not yet fully settled with.

Posted by ahbah > 2018-11-16 15:51 | Report Abuse

Pension and related costs tend to hover around six to over seven per cent of the government’s operating expenditure in the past, but then grew to 8.3 per cent (2014), 8.7 per cent (2015) and has stayed at around 10 per cent in the past few years — 10 per cent (2016), 10.5 per cent (2017) and an estimated 10.9 per cent this year and 10.2 per cent next year.

Next yr, going down lah to 10.2 per cent from 10.9 per cent. Great.

Posted by chinaman > 2018-11-16 15:56 | Report Abuse

We want a fair contribution from civil servants like private sector, EPF. Pension system is unsustainable.

Posted by ahbah > 2018-11-16 16:06 | Report Abuse

Ministers kena potong gaji, signal sent to top civil servants not to ask for big, fat gaji lah.

Posted by teareader818 > 2018-11-16 16:33 | Report Abuse

During colonial and post colonial time, the government paid 17% of employees' monthly salaries to a fund which was calculated to be sufficient to pay their pension needs on retirement. If they continue to do so, currently to Kump. Wang Persaraan, shouldn't it work just as well as KWSP, if invested wisely? Perhaps Savemalaysia can come out with a report on this?

Posted by J For Janice > 2018-11-16 16:44 | Report Abuse

https://www.amazon.com/Blind-Robbery-Banks-Government-Steal/dp/3898799824
https://www.popularonline.com.my/cnsimplified/-66373.html?did=8
Beware of politician,if you are a politician FAN

Posted by relaks > 2018-11-16 23:17 | Report Abuse

Now v r seeing ppl live up to 80-100 yo. With so many graduates reported to be unemployed, spend·thrift etc, how? Gomen gonna keep spoon feeding young and old p from cradle to grave? And tax the middle class work horse till we die?Only in communist country, income can be equal. Are we moving towards that direction? With Robin Hood tax policy, seems like its pretty good to be poor in this country.