6 reasons PRS is good for you
6 reasons PRS is good for you
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
You could save more with PRS by contributing a minimum of 10% monthly salary to grow your retirement savings.
Easy investments
Choice of Providers and self-selected funds or default option funds based on your age.
Tax & Youth incentives
Get tax relief of up to RM3,000 per year while Malaysians aged 20-30 will get a one-time RM1,000 incentive into their PRS account.*
*Terms apply.
PRS Central Administrator
PPA provides a one-stop account management and on-going member services to serve and protect your interests.
Regulated framework
PRS is regulated by the Securities Commission Malaysia and the schemes are safeguarded by the Scheme Trustees.