EPF contributors with little savings say they still have time

Alfian Z.M. Tahir

EPF says 46% of contributors below the age of 55 have less than RM10,000 in their accounts, but owners of these accounts are not worried. – The Malaysian Insight file pic, September 28, 2021.

EMPLOYEES Provident Fund (EPF) contributors with less than RM10,000 in their retirement savings are not perturbed because they feel they still have enough time to earn and grow their nest egg.

They told The Malaysian Insight they withdrew from the retirement fund through i-Sinar and i-Citra schemes during the Covid-19 pandemic to help them through a difficult period, but many also said they reinvested the money in other schemes.

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