Malaysia’s employment, social security systems need reform, minister says


Covid-19 has demonstrated that global risks and shocks could jeopardise one’s long-term retirement plans, Finance Minister Tengku Zafrul Tengku Abdul Aziz says. – The Malaysian Insight file pic, November 24, 2021.

IT is critical that Malaysia’s employment and social security systems undergo a holistic reform to ensure adequate social security and decent work, particularly for the country’s youths, Finance Minister Tengku Zafrul Tengku Abdul Aziz said.

The minister said Covid-19 has aptly demonstrated the global risks and shocks that could totally jeopardise one’s long-term retirement plans.


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