EPF Account 3 to be announced by month-end
Contributions can now be split with 75% being put into Account 1, 15% into Account 2 and 10% into Account 3.
· 2 weeks ago
35% of EPF members aged 54 have less than RM10,000 savings
Only 2% of contributors have accrued RM1 million in their retirement accounts.
By Ravin Palanisamy · 5 months ago
EPF third account to start April
Deputy finance minister says organisations can give their views through the ministry and fund.
· 5 months ago
EPF investments stand at RM1.1 trillion, says Steven Sim
Deputy minister says average domestic funding is at 64.9%.
· 5 months ago
EPF records 33% rise in investment income
CEO believes geopolitical risks will contribute to more uncertainty, market volatility.
· 5 months ago
RM240,000 not enough to retire on, say economists
Experts Ahmad Maslan’s claim of amount being sufficient.
By Ravin Palanisamy · 9 months ago · 1 comment
Save at least RM240,000 in EPF to comfortably retire, says Ahmad Maslan
Deputy finance minister says estimate based on spending of RM1,000 per month fo 20 years.
· 9 months ago
Experts hail staggered EPF withdrawals but urge flexibility
Pundits caution against lump-sum withdrawals to ensure post-retirement financial health.
· 9 months ago
Monthly EPF withdrawals proposed only for contributors born after 2010
EPF says existing members may opt in.
· 9 months ago
EPF sold 6 retail assets for RM46 million profit, says Ahmad Maslan
Deputy finance minister says retirement fund to sell another holding to GLC.
By Ravin Palanisamy · 11 months ago · 1 comment
Cabinet to discuss increasing employers’ EPF contribution, says PM
This follows calls by groups to bolster workers’ retirement savings.
By Ravin Palanisamy · 1 year ago
Modify EPF withdrawal policy, experts say
They urge govt to adopt a ‘soft landing’ approach.
By Angie Tan · 1 year ago