World · Malaysia Bureau
EPF chief identifies four priorities as Malaysians live longer
The Employees Provident Fund has outlined a four-point agenda to address challenges posed by increasing life expectancy among Malaysians. The EPF says all stakeholders must play a role in preparing for demographic shifts.
LSN Malaysia ·
The chief executive of Malaysia's Employees Provident Fund has flagged four key priorities the nation must address as life expectancy rises among the population. Speaking in Kuala Lumpur, the EPF leader emphasised that tackling the challenges of an ageing society requires coordinated effort from government, employers, and individuals alike. The four priorities centre on ensuring adequate retirement savings, promoting financial literacy, encouraging longer working lives where possible, and fostering integrated support systems for older Malaysians. The EPF's assessment reflects broader concerns across the region about sustaining social security systems and pensions as medical advances and improved living standards extend lifespans. Officials have stressed that without proactive measures, rising life expectancy could strain both individual retirement funds and public resources. The EPF has called on all sectors to engage with these priorities, warning that piecemeal approaches will prove insufficient to manage the demographic transition ahead.