Usher in competition between EPF and NPS to boost formal job creation

The article advocates for increased competition between the Employees' Provident Fund (EPF) and the National Pension System (NPS) to stimulate job creation and enhance the formal job market. The suggestion is that by introducing competitive elements between these two retirement savings systems, there will be greater efficiency and improved benefits for contributors. Such competition could potentially lead to better returns on investments and more attractive options for workers. This approach is seen as a strategy to strengthen the formal job sector and improve retirement planning, aligning with broader economic and employment goals.