PRS Youth Incentive is an initiative by the government to encourage young individuals to start saving early for retirement. A one-off incentive of MYR 1,000.00 will be contributed by the Government to young individuals between 20-30 years old who accumulate a minimum gross investment amount of MYR 1,000.00 (inclusive of PPA account opening fee/annual fee) in a single PRS provider within a calendar year. Kindly note that the incentive initiative has expired on has expired on 31 December 2018.