Kuala lumpur: The government is currently assessing proposals for the introduction of the Unexplained Wealth Order (UWO), as stated by Finance Minister II Datuk Seri Amir Hamzah Azizan. Despite receiving suggestions for its implementation, the government has decided to study the related issues thoroughly before proceeding with any enactment.

According to BERNAMA News Agency, Amir Hamzah emphasized the need to understand potential consequences before executing the UWO. He mentioned that the government aims to consider beneficial ideas without rushing into decisions that might lead to unforeseen outcomes. His remarks came during a press interaction after inaugurating the 2025 National Tax Conference.

In a related development, the government is also contemplating the introduction of monthly pension payments as part of efforts to enhance the national remuneration system. Amir Hamzah highlighted the necessity for an in-depth analysis to determine more effective implementation strategies. He noted concerns about individuals who quickly deplete their retirement funds, leaving them without adequate savings in later years.

He further explained that the proposed pension initiative would primarily target new entrants to the Employees Provident Fund (EPF) scheme, rather than existing members. The 13th Malaysia Plan (13MP) document, released by the Economy Ministry, outlines the government's plan to develop a mechanism for sustainable post-retirement income by dividing EPF contributions into retirement savings and monthly pensions.