KUALA LUMPUR, Nov. 4 -- Reaching 60 does not automatically mean clocking out for good, drawing a pension, or qualifying for welfare. Depending on your circumstances, Budget 2027 packs a variety of measures that impact older Malaysians differently.

Whether you are still in the workforce, managing your retirement, or navigating the rising costs of elder care, the latest federal Budget has something for you.

Here is a breakdown of what Malaysians aged 60 and above stand to gain.

Cash aid through STR and SARA

Budget 2027 increases the combined allocation for Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) to a massive RM16 billion.

SARA assistance of up to RM150 a month, or RM1,800 a year, will now reach all eligible STR re...