KUALA LUMPUR, Oct 9 (Bernama) -- The increase in the minimum wage to RM2,000 is an important labour market reform that will improve workers’ livelihoods and support better retirement adequacy for Employees Provident Fund (EPF) members, its chief executive officer, Ahmad Zulqarnain Onn, said.
Business : Minimum Wage Increase Important Labour Market Reform - EPF
Budget 2027, Anwar Ibrahim, EPF, MADANI, minimum w
BE Bernama 
Key takeaways
EPF CEO says minimum wage increase to RM2,000 is a key reform to improve workers' lives and retirement adequacy.
- EPF supports raising the living wage threshold for GLICs to RM3,400.
- Budget 2027 automatically registers Malaysians as EPF members at 18.
- E-hailing drivers get 20% government matching incentive up to RM6,000.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Read the full story on Bernama That's the opening of the story. The full piece is published by Bernama.
Continue reading ↗ Story details
- Published
- Section
- news
- Format
- Article
- Original
- bernama.com ↗
Related reporting
6 stories on this topic from 4 sources, oldest first.
- Bernama Business : Minimum Wage Increase Important Labour Market Reform - EPF (this story)