PETALING JAYA: Economists are predicting a higher dividend payout for Employees Provident Fund (EPF) contributors for the year 2021. “EPF has remained committed and guided by its Strategic Asset Allocation (SAA) that has helped it endure volatile market conditions,” said Mohd Afzanizam. Speaking on the increase of the mandatory retirement age, Malaysian Employers Federation (MEF) president Datuk Dr Syed Hussain Syed Husman, said it was not the right time. Those beyond retirement age should be encouraged to remain in employment depending on their performance and health status, he said. “Rehiring them on a contractual basis is a more efficient method than enforcing a general blanket increase in retirement age,” he said.

Source: The Star January 26, 2022 23:57 UTC