Private Retirement Scheme Malaysia

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Private Retirement Schemes (PRS)   is a voluntary long-term contribution scheme designed to help individuals accumulate savings for retirement. This voluntary contribution scheme is meant to provide employee and self-employed with an additional avenue to save for their retirement.

Benefits of contributing to the PRS:

  • Professional management: The funds are managed by professional fund managers with the expertise and resources to manage the assets of the funds.
  • Enjoy tax reliefs: Both employee and employer get to enjoy annual tax relief.
  • Provide Flexibility: You have a choice of investing and switching between funds based on your risk appetite and investment profile.
  • Ease of transactions: The funds do not require cumbersome administrative paperwork or record keeping on investors’ part in managing a range of investments.

For more information about  Private Retirement Scheme Malaysia, please visit https://www.vka.com.my/

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