RM500 for COLA, retire at 65


PETALING JAYA: MTUC has proposed for the government to introduce a minimum monthly RM500 cost of living allowance (COLA) for all workers and to increase the mandatory retirement age to 65 in Budget 2020.

Its secretary-general J. Solomon said it was the government’s responsibility to lower the cost of living to enable a decent living as commodity prices that went up never came down.

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