RM600,000 doesn’t cut it for retirement, say economists

ECONOMISTS have dismissed a recent Employees’ Provident Fund (EPF) assessment that pensioners need between RM500,000 and RM600,000 in the bank to live comfortably after retirement. They said the amount is clearly insufficient to live comfortably, especially in urban areas.

A sharp mind, a legal legend

PETALING JAYA: “It’s raining in Kota Kinabalu. Tears are falling”. That was how a close friend penned his brief but compelling tribute to Datuk Seri Gopal Sri Ram, who passed away yesterday. Read full story

Umno polls to go ahead

PONTIAN: Umno will proceed with its internal elections for the 191 divisions and 22,000 branches, including the divisions which were suspended, says secretary-general Datuk Seri Ahmad Maslan. Read full story

PM offers his condolences

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim conveyed condolences to the family of senior deputy public prosecutor Datuk Seri Gopal Sri Ram, who died at the age of 79. Read full story

Parents hit hard by rising costs

PETALING JAYA: Parents with children who are starting school in March are struggling with high costs and are hoping that the government will regulate the prices of educational necessities. Read full story

Groups: Lessons on how to ease parents’ burden

PETALING JAYA: With the school term set to reopen in March, parents of school going children are concerned about their budgets, given the rising expenses needed to buy items such as uniforms and books. Read full story