As an employer
i. Retirement benefit management and ease of administration
PRS enables you to have your existing or new retirement benefit program to be professionally managed by experienced fund managers therefore giving you ease of administration whilst still maintaining control of the entire retirement program.
ii. Cost savings
Using PRS as your own retirement benefit program may cut down on unnecessary administrative resources which helps you to become more cost efficient.
iii. Employees' productivity booster
PRS empowers employees to determine their own financial well-being which gives them a sense of security and job satisfaction which ultimately enhances their productivity.
As an employee
PRS allows you to better plan for your retirement as an additional form of savings to complement your existing retirement savings and also offers personal tax relief of up to RM3,000 per year.
As a self-employed individual
PRS complements your existing retirement savings and lets you to enjoy personal tax relief.
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