Retirees to benefit from salary adjustments

MARANG: Government retirees will see pension increases under the latest adjustment of the Public Service Remuneration System (SSPA), aligning their benefits with current public servants, says the Public Service director-general.

This adjustment ensures that retirees benefit from similar increments whenever a new remuneration system is introduced, Tan Sri Wan Ahmad Dahlan Abdul Aziz said.

“This pension adjustment is implemented every time a new remuneration system is introduced. Not only current employees will benefit, but retirees as well.

“However, for those who choose to remain under the Malaysian Remuneration System (SSM) and retire next year, their pensions will be calculated based on their final SSM salary.

“In contrast, those who opt for the SSPA will have their pensions calculated based on the final SSPA salary after the December adjustment,” he said after visiting two government retirees from Terengganu here on Wednesday.

While urging civil servants to select the SSPA before the option period ends on Nov 30, Wan Ahmad Dahlan clarified that those who decide to stay under the SSM will not lose their pension rights upon retirement but will not receive the salary adjustment in December, Bernama reported.

During the 19th Majlis Amanat Perdana Perkhidmatan Awam 2024 programme in August, Prime Minister Datuk Seri Anwar Ibrahim announced that retirees and derivative pension recipients would receive pension adjustments with the same percentage increments as active civil servants, to be implemented in two phases.