KUALA LUMPUR, 21 November 2019 – The Employees Provident Fund (EPF) convened the eight International Social Well-being Conference 2019 (ISWC 2019) today. The annual event was officiated by the Prime Minister of Malaysia, Tun Dr Mahathir Mohamad.
EPF Chairman Tan Sri Samsudin Osman said that the evolution of the ‘International Social Security Conference’ to ‘International Social Well-Being Conference’ reflected the necessary shift in focus to the longer-term, wider-ranging issues surrounding economic, environmental and civil issues requiring urgent attention.
With the theme, “Shaping Destiny – Between Hope and Extinction”, ISWC 2019 covered a multitude of well-being topics arising from real-world challenges, including the trust economy, talent strategies, ageing populations and defining happiness.
Tan Sri Samsudin also said that the theme was chosen as a response to the broad global changes happening around us and a deep desire for urgency to act and shape destiny, in order to preserve our collective well-being and live meaningful lives.
He added that EPF was cognizant of the challenges of operating in an unpredictable global landscape where people are living longer lives and therefore have to work longer in an increasingly competitive, digitally-driven workforce.
The conference was also witness to the launch of [email protected], a Ministry of Finance initiative which was recently announced at the tabling of Belanjawan 2020. EPF is the appointed administrator of the RM6.5 billion hiring and wage incentive programme which is expected to create 350,000 jobs for Malaysians over the next five years.
Targeting youth, women and 3D workers, [email protected] consists of four pillars, [email protected], [email protected], [email protected] and [email protected] The initiative will also see the active involvement of the Ministry of Youth and Sports and Ministry of Women, Family and Community Development, with the support of the rest of the Cabinet.