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Politicians’ Pensions: Is Malaysia Paying Too Much For Too Little?

Politicians’ Pensions: Is Malaysia Paying Too Much For Too Little?

The concern is that politicians are eligible for a full pension despite only holding office for 60 months.

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Looks like Malaysian politicians are cashing in on their time in office.

Netizens are expressing concern over the pensions of Malaysian politicians – despite only holding office for 60 months.

Elected officials such as the Prime Minister, Deputy Prime Minister, Chief Minister, Minister, Exco, Member of Parliament and State Assembly Member are eligible for a full pension.

On top of that, they also receive a higher allowance than their salary.

Netizens believe this is an unfair disparity and are calling for change.

They want the government to review the pension scheme for elected representatives and consider reducing the amount paid to them.

While Civil Servants Left To Work For Peanuts

It’s quite the contrast between the pensions of Malaysian politicians and those of civil servants – while politicians only need to hold office for 60 months to qualify for a full pension, civil servants must work for 240 months.

The emoluments for Cabinet Ministers are particularly eye-opening, including a basic salary of RM18,000 and various allowances that add up to a tidy sum.

And it’s not just Cabinet Ministers who receive high emoluments – the government pays RM16,000 to 222 members of the Dewan Rakyat and RM11,000 per month to 70 members of the Dewan Negara.

It’s no wonder netizens are concerned about the financial burden this places on the government.

Politicians May Be Living Large, But Civil Servants Are Feeling The Squeeze

The high cost of pensions for former elected representatives is a major concern for netizens, especially given that elections occur once every 5 years and all elected representatives are entitled to a full pension.

This is seen as wasteful and burdensome compared to the salaries of lowly civil servants, such as Grade 11 general assistants, who earn a monthly salary of only RM1,216.

Netizens believe that the government should prioritize the needs of its citizens rather than its elected officials.

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Netizens are not only concerned about the cost of pensions for Malaysian politicians – they’re also calling out elected officials who claim to defend the fate of the people but are just protecting their interests.

It’s clear that netizens believe this situation needs to be corrected, and they’re calling for politicians to be held accountable.

The financial burden that the Malaysian government has to bear due to paying emoluments and pensions is also a major concern for netizens, who believe that politicians should not be eligible for a full pension and that the cost of pensions for former elected representatives is too high.

It remains to be seen whether the government will respond to these concerns.


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