New pension scheme won't increase attrition rate at govt hospitals, says Dr Dzul

The Star

The new pension scheme would not lead to an increase in the attrition rate for medical officers in government hospitals, says Datuk Seri Dr Dzulkefly Ahmad.  The Health Minister told reporters on Friday (Jan 26), and highlighted a drop in the attrition rate compared to previous years, attributing it to the comfort level with the current arrangement.  Regarding the government's plans to abolish pension payments for new hires in the civil service, Dr Dzulkefly said dissenting voices can express their concerns in Parliament, and emphasised that the new scheme should not be viewed negatively, as individuals contributing to the Employees Provident Fund (EPF) may receive significant gains.  Read more at http://tinyurl.com/4vtukmua  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

Transcript

00:00 Dr. Swee, as we know there is no pension for the new officials.

00:04 Is there any impact on the permanent contract that will be posted after 1st February?

00:08 It is across the board. If there is a contract, there will be no pension.

00:13 Contract and deposit, that is the government policy.

00:17 We wait for what the government will put in place.

00:20 We do not pre-empt or pass the government policy.

00:24 We accept the government policy from the JPA and we wait for what will be put in place

00:31 in terms of the new requirements that were mentioned by the Prime Minister in June 2023.

00:39 So we have to be patient.

00:41 Dr. Swee, you are more familiar with the young people's urge to represent the people first

00:46 so that they do not take a pension. So Dr. Swee, what will be the first thing you will do?

00:50 That is the right of everyone to decide.

00:55 So what we mean here is the future. It is not retrospective implementation.

01:01 If we get the future on contract, it will be a deposit and not a pension.

01:05 If it is a deposit, I think it is better to take it like that.

01:09 You know the numbers, right?

01:11 So if we deposit it, it is now 12-13, 11-12.

01:16 So we do that with the awareness that finally if we contribute, it becomes quite substantial.

01:25 I have heard a comparison with the KWSC, the deposit, to see what the quantum is.

01:34 I have heard that it is better to get through.

01:37 In my time, 40 years ago, my friends made a choice to get a KWSC.

01:47 The pension system is right.

01:51 The pension system is right. There is an option. You can have a choice.

01:54 Even then, when we were still in the pension system, the young people chose to get a KWSC.

02:00 Do not take it as a negative and disadvantageous thing.

02:06 Put it in perspective.

02:08 What do you think about the deposit?

02:11 I think the deposit has its own merits and everyone has the right to get a deposit.

02:17 So we will discuss in the court.

02:21 The minister must answer.

02:23 The Black Bencher can be dismissed.

02:26 The Opposition can also be dismissed.

02:28 This is what I want to discuss.

02:32 Thank you.

02:34 [END]

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