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Author: savemalaysia   |   Latest post: Mon, 10 Dec 2018, 06:08 PM

 

Syed Saddiq vows to bring PTPTN concerns to Cabinet’s attention

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KUALA LUMPUR, Dec 6 — Youth and Sports Minister Syed Saddiq Syed Abdul Rahman pledged to raise public complaints about the National Higher Education Fund Corporation’s (PTPTN) wage garnishment scheme at the weekly Cabinet meeting tomorrow.

In a video posted on Twitter, the Muar MP said that while it is imperative for borrowers to repay what they owe, the proposed deduction rates must be reasonable.  

"Tomorrow, at the Cabinet committee meeting, I will bring forth your voices, so this case can be reviewed again, because I believe that while we must pay the debt — definitely pay the debt — the payment has to be fair, to help the youths, so as to not burden them too much.

“Especially for youths who have been repaying PTPTN all this while, after negotiating with PTPTN, abiding by the terms and paying on time,” Syed Saddiq said, also thanking the youths for their views on the matter.

The announcement also follows the Pakatan Harapan coalition’s decision to break its previous pledge for federal student loan takers to defer repayment until they begin earning over RM4,000 a month. 

The proposal has drawn criticism from both sides of the political divide as well as from employers and employees.

Malaysian Trades Union Congress (MTUC) president Abdul Halim Mansor questioned the legality of the scheme, saying the law only permitted mandatory wage cuts for selected statutory bodies such as the Inland Revenue Board (IRB), the Employees Provident Fund (EPF) and the Social Security Organisation (Socso).

Malaysian Employers Federation (MEF) executive director Datuk Shamsuddin Bardan said the proposal was complicated and burdensome on private firms as it was unlike income tax and EPF deductions that were applicable to all employees.

Human Resources Minister M. Kulasegaran also confirmed today that employers could not be forced to collect the payments on behalf of PTPTN without the necessary legal amendments.

https://www.malaymail.com/s/1700709/syed-saddiq-vows-to-bring-ptptn-concerns-to-cabinets-attention

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TYS_Capital wave lah, pity those B40, cin chai lah.
06/12/2018 18:52
stockraider Salary deduction on pptn is legal as long as govt passed an Act of parliment loh....!!

But someone who have been paying the pptn regularly....should be allowed to continue as per previous arrangement...!!

But for administration purpose...the deduction schedule should start as an indication based mah...!!

Those people appeal on case to case basis but in all cases must pay the loan n not use this as an excuse of not to pay mah
06/12/2018 19:01
Bruce88 Aiyoo RM20 a month also not reasonable ? You are really spoiling them..
06/12/2018 23:01
trulyinvest Bayar la. Ini bukan scholarship
06/12/2018 23:11
Bruce88 Small matter oso can't handle ? Let Ah Loong to handle lah !LOL
07/12/2018 08:44
super168 These borrowers are very irresponsible. I am sure they guarantee payment when they try to get the loan. After getting loan, they find ways not to make payment. Delay marriage, delay buying car, delay buying house. You have a duty to repay the loan.
07/12/2018 08:53
rajachulan ptptn is a personal loan or 'study' loan? i would expect them to have 'learnt' sth from taking the loan to 'study'?

what are tertiary students learn these day in uni?
07/12/2018 09:01
speakup previous BN govt has always used the 'carrot' method to get borrowers to pay back
now new PH govt cannot repeat the mistake of using 'carrot' method. PH must use the 'stick' method to recover loans!
07/12/2018 09:33


 

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