Cuepacs wants to handle loan deductions
KUALA LUMPUR, July 26 – Cuepacs today called on the Treasury to allow it to take over the monthly deduction service for government sector loans from the National Cooperative Movement, Angkasa.
This is to enable the congress to utilise the commission from the service to benefit the 1.2 million civil servants.
Cuepacs secretary-general Ahmad Shah Mohd Zin said Angkasa was raking in some RM8.1 billion a year in commission by providing the deduction service for both the government and private sectors.
“Of this amount, 50 per cent is contributed by civil servants through their various deductions,” he said.
Angkasa charges 2.5 per cent of the loan amount monthly as commission for its service.
“What we are proposing to the government is to allow Cuepacs to take over the deduction service for loans of civil servants and let Angkasa continue with the service for the private sector.
“If the proposal is accepted, it will allow Cuepacs to earn about RM4 billion annually from the service,” he said.
This income, he said, would be channelled back to the civil servants through a foundation in the form of scholarships, medical aid, grants and other financial and material assistance.
“Assistance can also be given to government retirees, thus reducing the burden on the government.
“This is a win-win situation, as both civil servants and the government will benefit from the scheme,” he said.
Ahmad Shah pointed out that Angkasa had not contributed “anything to civil servants” despite earning such huge sums from them.
He said Cuepacs had the capability of taking over the deductions and all it needed was some initial assistance from the government to set up the necessary infrastructure.
“Maybe the government can give us a soft loan which we can easily repay within a short period when our system is up and running,” he said.
Meanwhile, Bernama understands that both the Treasury and Accountant-General’s Office are receptive to the proposal and willing to assist Cuepacs if the goverment approves the scheme.
“Setting up the infrastructure is not a big deal and it can be done easily as the basics are already in place,” said a source in Mampu (Malaysian Administrative Modernisation and Management Planning Unit).
The source said even getting experienced personnel was not a problem as experienced officers from the Accountant-General’s office and other departments could be seconded temporarily to assist Cuepacs. – Bernama
KUALA LUMPUR, July 26 – Cuepacs today called on the Treasury to allow it to take over the monthly deduction service for government sector loans from the National Cooperative Movement, Angkasa.
This is to enable the congress to utilise the commission from the service to benefit the 1.2 million civil servants.
Cuepacs secretary-general Ahmad Shah Mohd Zin said Angkasa was raking in some RM8.1 billion a year in commission by providing the deduction service for both the government and private sectors.
“Of this amount, 50 per cent is contributed by civil servants through their various deductions,” he said.
Angkasa charges 2.5 per cent of the loan amount monthly as commission for its service.
“What we are proposing to the government is to allow Cuepacs to take over the deduction service for loans of civil servants and let Angkasa continue with the service for the private sector.
“If the proposal is accepted, it will allow Cuepacs to earn about RM4 billion annually from the service,” he said.
This income, he said, would be channelled back to the civil servants through a foundation in the form of scholarships, medical aid, grants and other financial and material assistance.
“Assistance can also be given to government retirees, thus reducing the burden on the government.
“This is a win-win situation, as both civil servants and the government will benefit from the scheme,” he said.
Ahmad Shah pointed out that Angkasa had not contributed “anything to civil servants” despite earning such huge sums from them.
He said Cuepacs had the capability of taking over the deductions and all it needed was some initial assistance from the government to set up the necessary infrastructure.
“Maybe the government can give us a soft loan which we can easily repay within a short period when our system is up and running,” he said.
Meanwhile, Bernama understands that both the Treasury and Accountant-General’s Office are receptive to the proposal and willing to assist Cuepacs if the goverment approves the scheme.
“Setting up the infrastructure is not a big deal and it can be done easily as the basics are already in place,” said a source in Mampu (Malaysian Administrative Modernisation and Management Planning Unit).
The source said even getting experienced personnel was not a problem as experienced officers from the Accountant-General’s office and other departments could be seconded temporarily to assist Cuepacs. – Bernama
kita selaku warga angakasa harus menerima berita ini sepositifnya. kita berhenti dulu, baru apply kerja lain baru majikan baru lebih simpati.
ReplyDeletedamn..dah terhantuk br nk terngadah..dulu xnk bisnes lain..skang staff yg susah..damn
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