Monday November 23, 2009
Call to waive housing loans of unfit civil servants
KUALA LUMPUR: Cuepacs is asking the Government to write off the housing loans of civil servants who were medically boarded.
Cuepacs secretary-general Ahmad Shah Mohd Zin said that currently, only those who took loans after Aug 1, 1995, need not repay the balance if they were unfit to continue working.
Those who took the loans earlier had to continue paying because their insurance covered only death and fire but not permanent disability.
“This means that the civil servants need not pay the balance of the loan if they die or if their houses caught fire but if they are medically boarded out due to permanent disability they still need to do so,” he said.
Some 50,000 civil servants are believed to be in such a predicament.
Cuepacs wanted the Treasury Circular 6/95 to be amended to include all civil servants who had taken the loans to be covered for permanent disability without a cutoff date, Ahmad Shah said.
Insurance industry sources said it was easy for the Government to overcome this by having a supplementary contract with the insurance company to make provisions for the additional coverage.
But the question was who should pay the additional premium: the Government or the civil servant? — Bernama
News Poll
- The world just got bigger
- Man posted doctored photos of Nik Aziz
- Opposition leaders decry court’s ruling
- Heartbreaking wait for mum
- 5-0 for BN’s Zambry
- Saiful files report over death threat
- Thumbs-up for Najib
- Fleet card cloning ring busted with arrest of trio
- WWF: Orang asli being used
- Give Zambry a chance, says Najib
- 60 lose RM25mil in gold investment scam
- PM to share CNY joy with folk of Kg Pandamaran
- Why begrudge Govt the stamp duty?
- Our mosques under-utilised
- Work language classes into the school curriculum
- Pakatan licks its wounds
- Much to cheer in book ban decision
- West still sees Iran nuclear offers as small change
- Adhere to road etiquette
- Consider training and hiring our locals first
RSS
