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The majority of parliamentarians in the Dewan Rakyat will only serve one or two terms in office and would not be able to accumulate significant retirement savings in lieu of a lifetime pension, according to several former MPs.
Former Serdang MP Ong Kian Ming said while a proposal to remove multiple lifetime pensions can be considered, it should not be confused with a separate proposal to shift civil servants from lifetime pensions to EPF contributions.
“The truth of the matter is, if an MP only serves for one term…
