G25 supports pensioners' cause, urges govt not to delay implementing court ruling

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G25 supports pensioners' cause, urges govt not to delay implementing court ruling
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PETALING JAYA: The Federal Government must not delay the implementation of a Federal Court judgment in favour of government pensioners, says the G25 group of eminent Malays.

In a statement Friday , G25 said it had come to its attention that the government had yet to finalise and resolve the pension scheme adjustment for the benefit of retired civil servants following the June 27 Federal Court decision.

It also said the entitlement of pensioners to enjoy the fruits of their labour must be respected and the government should not delay the implementation as many of them were in the later years of their lives.The full text of the statement can be read below:It has come to our attention that the government has yet to finalise and resolve the pension scheme adjustment for the benefit of retired civil servants following the Federal Court decision made on 27 June 2023.

By virtue of the Pension Adjustment Act 2013, the pension scheme in place since 2013 for civil servants who retired before and after 2013, is to receive an annual increment of 2%. However, this adjustment of 2% annually is less favourable than the former method of calculating pensions as provided for by the unamended Pensions Adjustment Act 1980 that provided for the"corresponding adjustment" principle.

In another example, the pension for a non-graduate teacher of the highest grade who retired in 2002 is currently RM3,215 and the pension of a non-graduate teacher of the same grade who retired in 2021 is currently RM3,670. Though this is not a major difference we have a total of 400,000 plus teachers in service.

As a matter of social justice and compassion to those who served the nation with their sweat and tears, their services must be appreciated.

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