GLCs’ Pensioners look for relief in Budget 2021

KUALA LUMPUR: The Union Network International-Malaysia Labor Center (UNI-MLC) is demanding a study of government-linked business (GLCs) pensions for pensioners.
This included pensioners who had previously worked at Telekom Malaysia Berhad, Tenaga Nasional Berhad, Keretapi Tanah Melayu, Pos Malaysia Berhad, Northport, PLUS, Malaysia Airports and other agencies, its chief, Mohamed Shafie BP Mammal, said.
In the early 1980s and 1990s, these organisations were privatised.
Shafie said that by including them in the 2021 Budget, the government could research how it could support them.
Social and economic challenges have been generated by low pension payments. There are pensioners in service for 25 years who earn pensions as low as RM180 a month,’ he said today in a statement.
Moreover, Shafie said more than 100,000 GLC retirees had predicted positive news in the budget on the subject.
In the last 20 years, UNI-MLC had submitted 10 memorandums hoping for some relief, he added.
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