The Malaysian government has announced key financial initiatives in Budget 2025 aimed at supporting public servants and retirees. Here’s a quick breakdown of the newly introduced financial assistance and updates to the Public Service Remuneration System.
Special Financial Assistance
The Budget 2025 highlights special one-time financial assistance to help ease the financial burden of public servants and retirees:
- RM500 for all public servants in Grade 56 and below, including those with contract appointments.
- RM250 for all government retirees, covering pensioned and non-pensioned veterans.
These funds will be disbursed in February 2025 to provide timely support to recipients ahead of the year’s festivities.
Public Service Remuneration System (SSPA)
In a significant update to public service wages, the government will implement the Public Service Remuneration System (SSPA) in phases beginning December 1, 2024. The new system establishes a minimum income threshold to ensure fair compensation for all public servants.
- Minimum monthly income: RM2,115
The phased implementation aims to align with broader government efforts toward wage reform, ensuring that the workforce is adequately compensated and protected under the new structure.
MORE TO FOLLOW.
