Why do I need to save additional for my retirement?

Continue your lifestyle throughout your retirement years
For many of us, picturing ourselves in retirement may be difficult. As retirement may be many years away, we cannot even grasp the idea of what being retired means to us. If that applies to you, try thinking of having the savings to continue your lifestyle throughout your retirement years.

Ensure Adequacy, Sufficiency and Sustainability of retirement funds
In order to have a worry free lifestyle after you retire, you will need to ensure that your retirement funds is adequate to fund your monthly retirement expenses, sufficient to last throughout your retirement years and is able to sustain your retirement lifestyle without losing out to inflation.

Retirement is a journey not a destination
Every financial situation can be managed through proper planning. It is never too late to start, but starting early gives you an advantage. You have more time to save and compound your retirement savings..

Private Retirement Schemes (PRS)
PRS is a voluntary long-term savings and investment scheme designed to help you accumulate your retirement funds.

What are the Benefits of PRS?


Who am I dealing with?

PRS Providers

PRS Providers provide and manage the private retirement schemes (PRS) which includes dealing, marketing and distributing units of a fund under a PRS. There are currently 8 approved PRS Providers


PRS Distributors

PRS Distributors are entities that enter into agreement with PRS Providers to market and distribute the PRS to individuals and employers

  1. Institutional PRS Advisers (IPRAs)
  2. Corporate PRS Advisers (CPRAs)

Private Pension Administrator Malaysia (PPA)

Other key components of the PRS Industry. Click here.

Where do I invest?

PRS provides you Choice and Flexibility


When do I start?

The Earlier the Better!

The earlier you start to save for retirement, the more money you will have to retire on. Having a longer time period to retirement gives you a head start to save for retirement and time for you to compound your retirement savings.

In addition, regular saving makes it possible and affordable to save for retirement. Instead of having to take out large amount of money when you are close to retirement, you can start early by setting aside from as low as 5% or RM100 from your monthly income for your retirement.

In fact, if you make monthly contributions, you will also benefit from Dollar Cost Averaging and you do not need to take excessive risk from having to time the markets.

How do I start?

To start saving for your retirement, simply follow the 5 steps for a quick start up!

  1. Set a retirement plan
  2. Choose a PRS Providers
  3. Choose your PRS Fund(s)
  4. Sign up
  5. Make a regular contribution


Check out the infographic to help you with these steps. Click Here.

Use the retirement calculator to determine how much you need during your retirement. Click Here.

If you need more information, contact PPA.

Register your interest in PRS

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