Today our pensioners are on fixed pensions calculated on the basis of their service which ranges from 20 to 25 years. Although some of them have worked for even over 30 years, they are still paid their pension calculated on a maximum of 25 years of service.

However, in the Pension Ordinance, there was no mention of a limit on the number of years of service for the calculation of pensions. The pension and gratuity are to be calculated based on full service.

So in 1995, the government agreed to calculate the gratuity and pension without imposing a limit on the period of service and subsequently, an amount of RM943 million was allotted and approved for pension adjustments.

But the revised pension formula was withheld due to the economic downturn.

The affected pensioners have been patient enough over the reversal of the government’s decision. Please do not delay this adjustment any further. It would be not fair, as some may not be around! Can we expedite this matter?

Bulbir Singh,
Seremban

Source: The Sun – January 31, 2008