Insurance News
Brief insurance news and digest for the busy executives. A handy insurance news archive with main focus on Malaysia. Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we will not be liable for any loss arising from the use of any information contained in this blog. You may reproduce materials published here provided the source (news.actuaries.com.my) is properly acknowledged.
Insurance Job Advertisements
Friday, 20 March 2009
Insurers are cut off from EPF pension scheme
Insurance companies will not be involved in the proposed EPF pension scheme. The scheme will be managed by EPF.
The proposal for such a scheme will be ready in 4 months' time.
The proposed scheme would be compulsory for new members, for existing members, it is optional. There will be health benefits in the proposed scheme. Pension payments will be linked to last-drawn salary.
Source: The Star
Earlier stories:
Pension scheme for private sector employees
Views on EPF Pension
Labels: Annuity, EPF, Pension, Retirement
About Me
- Name: Teh Loo Hai
- Location: Kuala Lumpur, Malaysia
Loo Hai is an actuarial recruiter cum actuarial consultant. He has over 20 years of work experience gained in Malaysia and Australia in the actuarial, insurance, takaful and pension fields.
Previous Posts
- Presidential Dinner & Briefing
- PowerSaver
- CIMB Sun Life
- Medical insurance doing well despite increase in p...
- Actuarial science - top choice for boys in Kenya
- Actuaries suggest ways to avoid global financial c...
- Industry New Business Statistics
- No plan to sell stake in AIG General
- AIA to be split from AIG
- Managing insurance business during crisis
Subscribe to
Posts [Atom]
0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home