Job Seeker Handbook
7. PENSION
7.4 Calculation of Pension
- In case of a pension which has been calculated on the basis of reckonable service of not less than 25 years, the amount payable shall not be less than RM180 per month or any such amount as may be determined from time to time.
- Officer who retires before being confirmed in his second or subsequent appointment, the last drawn salary shall be the last drawn salary of his former appointment in which he had been confirmed and he remained in his former appointment until his retirement.
- A pensionable officer may, on retirement, be granted a gratuity based on 1/20 X total completed months of reckonable service X last drawn salary.
| |
Type of Benefit |
Formula |
| 1. (a) |
Service pension to a pensionable officer |
1/600 X number of months of reckonable service (subject to not more than 300 months) X corresponding last drawn salary |
| (b) |
Service pension on retirement due to abolition or reorganization of office |
1/500 X number of months of reckonable service (subject to not more than 250 months) X corresponding last drawn salary. |
| (c) |
Service pension on retirement in the public interest |
1/600 X number of months of reckonable service (subject to not more than 300 months) X corresponding last drawn salary, subject to any variation of rate imposed by the Yang di-Pertuan Agong at the time of granting the pension. |
| 2. |
Retiring allowance to a non-pensionable officer |
3/4 of [1/600 X number of months of reckonable service (subject to not more than 300 months) X corresponding last drawn salary] |
<< 7.3 Circumstances Reducing or Withholding Pension | 7.5 Who Is Deemed to Be A Pensionable Officer? >>
Table of Contents
- Regulation of Employment (HTML)
- Hiring
- Firing
- Workmen's Compensation
- Sexual Harrassment
- Occupational Safety and Health Act
- Dispute
- Pension
- EPF
- SOCSO
- Statutory Holiday (PDF)
- Salary Act (PDF)
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