Private Retirement Scheme (PRS) is a voluntary investment scheme initiated by the Government to help Malaysians accumulate savings for a sustainable retirement income. With increased life expectancy and rising living standards, coupled with volatile financial markets, PRS is meant to complement the existing Employees Provident Fund (EPF) and other individual retirement plans.
Hi, Its nice to know that Private Retirement Scheme are initiated by the government for a sustainable retirement income.It will boost retirement savings and growth among people.
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