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Meshio.com - Malaysia Personal Finance blog  






70% of Pensioners Receiving less than RM 500 Monthly

So much for all the Economy Plans being carried out to improve the country’s standard of living. I hope the data mentioned is not the whole truth.

RM 500 a month… kids these days are getting more than that for their pocket money.


New Straits Times – Malaysia News Online ……

A spokesman for the group, S. Mylvaganam, said: ??urrent pensions are not enough to cope with the rising cost of living. About 70 per cent of pensioners are living below the poverty line on less than RM500 a month. Some receive only RM200 to RM300 a month, before housing loan deductions.”





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