And the opposition is still squabbling. If DAP and PKR do not quickly settle their dispute over their seats allocation, they do not deserve to pick up more representation than they presently have.
Their adversary smiles when friends stab each other in the front.
The
Parliamentary opposition leader Lim Kit Siang said he was disappointed that there was little progress in talks for an electoral understanding between the two parties to avoid three-cornered fights.
"By now, all parties should be making their final plans for the battle and not be bogged down by seat allocations," he said after attending the Thaipusam celebrations at the
Enforcing EPF contribution on those who continue to work after 55 do not benefit those who were statutory forced to retire at the age of 55.
If the UMNO run government is really concern over the financial plight of this group, then they should extend the statutory retirement age for both public and private sectors to 58 years old.
People who work after their retirement at 55 will have to contribute to the Employees Provident Fund.
However, they will only have to contribute half of the 11 per cent required of regular members.
Similarly, their employers' contribution will only be six per cent, which is half of the amount that is paid into the accounts of regular staff. Sources said this scheme would go into effect from Feb 1.
"If the employee contributes more, he will have more savings. We also welcome higher contributions from the employer as this will benefit the employee in his old age," the source said.
This is one of the schemes that EPF is introducing to ensure that its 11.4 million members have enough money to live on during their retirement.
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