Cuepacs Wants Government To Review Policy Of Income Calculation For Housing Loan

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The Congress of Unions of Employees in the Public and Civil Services (CUEPACS) wants the government to review the policy of income calculation for a housing loan to simplify and qualify the civil servants to buy a house.

Its president Datuk Azih Muda said this included taking into account the fixed allowances as a part of the salary in calculating the income for a housing loan, whether through the government or bank loan.

“This is because, today, only the basic salary is taken into account in calculating the income for a housing loan. It will cause many civil servants to be unable to afford a house,he said in Kota Kinabalu.

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