Govt must find ways to help people financially, says employers group

Federation lauds PM’s decision not to allow further withdrawals from savings fund.
 

· 1 year ago

Govt must find ways to help people financially, says employers group

Higher EPF contribution limit benefits only the rich, say experts

More thought needs to be given to raising the retirement savings of vulnerable groups.

By Raevathi Supramaniam · 1 year ago

Higher EPF contribution limit benefits only the rich, say experts

RM145 billion EPF savings withdrawn under various Covid-related programmes

Minister says 52% of EPF members aged under 55 have savings of less than RM10,000.

· 1 year ago

RM145 billion EPF savings withdrawn under various Covid-related programmes

Economists divided over calls for another round of EPF withdrawals

Experts say people need money to survive today, others say payment will exacerbate inflation.

By Angie Tan · 1 year ago · 1 comment

Economists divided over calls for another round of EPF withdrawals

EPF enhances i-Invest portal with new features

Retirement fund adds new functions help members make better investment decisions.

· 1 year ago

EPF enhances i-Invest portal with new features


RM40 billion EPF withdrawals will boost businesses, say trade groups

Sales set to rise as people go on ‘revenge buying’ after two years of Covid-19 movement restrictions.

By Khoo Gek San · 2 years ago · 1 comment

RM40 billion EPF withdrawals will boost businesses, say trade groups

EPF withdrawal helps people now, not for longer term

Abuse of fund can affect country's financial markets, govt borrowing, says economist.

· 2 years ago · 1 comment

EPF withdrawal helps people now, not for longer term

Special EPF withdrawal application opens from Friday

Only members aged 55 and below may apply, says body.

· 2 years ago

Special EPF withdrawal application opens from Friday

Malaysians headed for old-age poverty with latest EPF withdrawal, economist says

Yeah Kim Leng says Putrajaya’s decision to cave not prudent, will have future consequences.

By Raevathi Supramaniam · 2 years ago · 1 comment

Malaysians headed for old-age poverty with latest EPF withdrawal, economist says

Application for RM10,000 EPF withdrawal to open on April 1

All members aged 55 and below eligible to apply for special scheme.

By Raevathi Supramaniam · 2 years ago

Putrajaya approves RM10,000 special EPF withdrawal

Details to be announced by fund, Finance Ministry soon, says prime minister.

By Raevathi Supramaniam · 2 years ago · 1 comment

Putrajaya approves RM10,000 special EPF withdrawal

Putrajaya urged to allow one last EPF withdrawal

Fomca, contributors say savings important for old age, but money needed to put food on table now.

By Ravin Palanisamy · 2 years ago

Putrajaya urged to allow one last EPF withdrawal

Allow EPF withdrawals, Anwar tells govt after earlier reservations

Opposition leader says people need the money to make ends meet.

By Raevathi Supramaniam · 2 years ago

Allow EPF withdrawals, Anwar tells govt after earlier reservations

7.34 million citizens got help from special EPF withdrawals

MOF says total withdrawals amount to RM101 billion.

· 2 years ago

7.34 million citizens got help from special EPF withdrawals

EPF declares 6.1% dividend for 2021

Fund announces pay-out slightly above market expectations, due to 26% rise in net investment income.

· 2 years ago

EPF declares 6.1% dividend for 2021