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Q： Is the survivor’s annuity provided for a lifetime? A： No necessarily. The eligibility requirements for receiving a survivor’s pension vary based on the survivor’s status. Th...
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Q： What is a registered office? A： A company's registered office, typically located at the company secretary's office, is responsible for maintaining all statutory records, regist...
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Q： What are the types of Shareholders’ Meeting? A： The types of shareholders' meetings for companies in Malaysia include the Annual General Meeting (“AGM”), Extraordinary Gener...
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Q： What is a charge? A： A charge is a legal interest or claim on an asset that is used to secure the repayment of a debt or the performance of an obligation. It acts as collateral...
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Q： When working in a fast-food restaurant, does the boss need to help the part time student to contribute to the labor pension? A： Regardless of whether you are working part-time ...
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Q： How is a Company Limited by Guarantee (“CLBG”) defined in Malaysia? A： A CLBG is a type of company commonly formed for non-profit objectives. It is established under the Comp...
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Q： What is salary income? A： It refers to wages, salaries, bonuses, year-end salary increases, profit sharing, allowances, subsidies and other income related to the employment of ...
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Q： Can an individual still withdraw pension funds if they are over 60 years old? A： There is no age limit for labor pension contributions. As long as the labor pension regulations...
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Q： Who falls under the coverage of the Employment Act 1955? A： The Employment Act 1955 covers all employees in Peninsular Malaysia and labuan irrespective of their wages. However,...
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Q： When can workers who participate in the new labor pension system begin to receive their pension? Do they need their employer to apply on their behalf? A： Workers can begin to c...
