107 PRS Youth Scheme allocation still availabel

Calling all youngsters - PRS Yooth Scheme is waiting for you...	年轻人啊 私人退休金计划青年人奖励正等着你
Below article was an exclusive interview of PPA by Nan Yang Siang Pau appeared on 16/5/2016. It says about Government's allocation for PRS Youth Scheme received lukewarm response. It is opened from 2014 ~ 2018. Almost half way through, but the fund has only disbursed 8% of its total.	以下这篇PPA的专访刊登在16/5/2016的南洋商报。报道说政府为私人退休金计划青年人奖励反应不好。这个奖励从2014年开放至2018年。如今已经走了将近一半，但是派出的数目仅是总数的8%，还不到一成。
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This incentive is opened for all youth aged between 20 and 30 (both age included). What they have to do is just to invest RM1000, within a calendar year, into any PRS fund, and the Government will reward them with RM500.	这个奖励是给予年龄介于20至30岁的青年人。他们只需要在一年内投资1千元，政府就会奖赏5百元。
Many of my friends are interested in it BUT they are, sadly, over-aged. Youngsters, why aren't you going for it? RM500 for RM1000 investment represents a 50% returns guaranteed.	我的朋友当中有好些也想得到，可是可惜的，超龄了。年轻人啊，为什么你们不要呢？买1钱得5百可是整整50%的保证回酬啊！
Parents, why don't you invest for your child, perhaps as a gift for their future? I strongly believe a gift will be well remembered. One day your children will tell their children this is a gift from their grandparents.	父母啊，为何您不为孩子们投资呢？就当作是他们的礼物。我始终相信人人会纪念别人送的礼物。有一天，你的孩子们会跟他们的孩子们说这是他们的祖父母们留下的礼物。
The money in PRS will be invested by respective fund house and is only withdrawable upon retirement age - currently 55. So, if the money is being left there for 20 years, grow at 8% per annum, it will grow to RM6990.	私人退休金里的钱会由个别基金公司管理，并且只有在退休年龄（目前55岁）后才可以领出。意思是说，如果该笔钱留在那里20年而每年以8%成长的话，它将增值到RM6990。
Furthermore, investment in PRS entitles you to claim extra RM3000 (maximum) tax relief. If you continue subscribing, in order to enjoy the tax relief, your future withdrawable value will be much much higher.	再加上私人退休基金的投资可让你额外扣税最高3千元。如果你为了这项益处继续投资的话，将来的数目更高啦。
I believe PRS, like EPF, is the best tax relief item. To me for all other tax relief items, money spent is money spent. For PRS, money saved is money earned.	我认为私人退休金是仅次于公积金的最好的扣税项目。对我而言，其他的扣税项目，钱花了就是花了。但私人退休金呢，钱存了就是赚了。这 好像李嘉诚说的吧？
Folks, make up your mind today. Kick start your retirement savings now. Do it while government's allocation is still available. Be rewarded for investing.	大伙儿们啊，现在就下定决心吧。现在就开始你的退休储蓄。何不乘着政府的拨款充足，快快行动。投资还有奖励啊，多好？
Contact me at sateo7689@yahoo.com if you need further info, or other financial related issues.	若是你有任何疑问或相关查询，请电邮sateo7689@yahoo.com。