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Private Retirement Schemes (PRS) is a voluntary long-term savings and investment scheme designed to help you save more for your retirement. PRS seek to enhance choices available for all Malaysians whether employed or self-employed to supplement their retirement savings under a well-structured and regulated environment.
Private Retirement Scheme (PRS) is a voluntary retirement scheme which enables individuals to contribute based on their retirement needs, investment goals and risk appetite.
The PRS was introduced as an additional retirement investment scheme over and above EPF to help Malaysians better prepare for retirement. But is it really the thing for you? Here's a quick guide to help you decide.
Jun 30, 2023 · What is a Private Retirement Scheme (PRS)? PRS is a voluntary investment scheme to help you save for retirement. Under the scheme, you can invest in approved unit trust funds that are managed by PRS providers (Public Mutual, Kenanga, etc.).
Private Pension Administrator Malaysia (PPA) is the Central Administrator for the Private Retirement Schemes (PRS).
What is a Private Retirement Scheme (PRS)? A voluntary long-term investment scheme designed for all individuals aged 18 and above who are either employed or self-employed to accumulate savings for retirement. It is open to foreigners residing in Malaysia as well.
Contributing in PRS may be one of the best things you can do for your retirement. Here’s why: Designed for retirement. PRS was established with the main aim of helping you accumulate more savings for your retirement. Affordable savings.
