Malaysia's EPF system, designed for a different era, is proving insufficient for a future of longer lifespans and flexible work. As millions face retirement insecurity, the conversation must shift from merely fixing the old model to building a new one. But what should that new social safety net look like?

Economist Dr. Geoffrey Williams joins us to make the case for a radical solution: a universal, non-contributory, basic pension. He dismantles the "work longer, save more" myth and lays out a position for how Malaysia can afford a more inclusive and resilient retirement system for all its citizens.

We discuss:

• Why the current retirement models are inadequate in today's environment.

• The long-term economic consequences of a retirement savings crisis.

• The blueprint for a non-contributory universal basic pension in Malaysia.

• How it could be funded by subsidy rationalisation or a Malaysian "super fund."

• The long-term economic case for a universal pension versus the status quo.

• Debunking the "work longer" myth as a viable solution to the crisis.

For policymakers, economists, and anyone seeking a bold, workable solution to Malaysia's retirement crisis, this lays out the essential argument for fundamental change.

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