Get ready to retire.

Private Retirement Scheme(PRS) - Get ready to retire

The Private Retirement Scheme (PRS) is a voluntary long-term investment scheme that complements your Employee Provident Fund (EPF) savings, or potentially increases your retirement savings if you are self-employed.


Retirement planning in Malaysia.

Source: Citibank Berhad, 2015
*Assumes retirement age of 60 years old. The amount required after retirement assuming 70% of pre-retirement income & inflation of 2% p.a. This computation is a projection and strictly for illustration purposes only.
**Department of Statistics, Malaysia, 2012

Need more planning for your retirement?

Click here to find out how the Private Retirement Scheme can benefit you.

Potentially higher returnsPortfolio DiversificationTax relief

^Applicable to taxable income for contributions into PRS from 2012 to 2021.

  • Your investment contribution will be split into two accounts:

    Sub-account ASub-account B

    *Subject to 8% tax penalty on the amount withdrawn, as well as a fee of RM25 imposed by Private Pension Administrator (PPA). Please ask us for the fund disclosure documents for more details on the withdrawal criteria.

  • Your contribution will be invested in funds that are managed by approved PRS Providers
  • You may choose from two investment options:


  • Under Default option, your contribution will be moved to a more conservative fund based on your age:

Youth Incentive

Get RM500 extra in units if you are below 31 years old.

PRS Youth Incentive
How To Apply

Apply for a Private Retirement Scheme (PRS)

For the Citibank Account Terms and Conditions, click here.

Important Notes

PRS funds are not deposits and are not obligations of, not guaranteed by, and not insured by, Citibank Berhad, Citibank N.A., Citigroup Inc. or any of their affiliates or subsidiaries, or by any government or insurance agency. PRS funds are subject to investment risks, including the possible loss of the principal amount invested.

Click on the links below for further details:
1. Citibank Account Terms and Conditions
2. Private Retirement Scheme Knowledge & Experience