A lifeline for struggling families.
He described EPF as a “goldmine” that many Malaysians fail to appreciate.
“If we open up withdrawals, it will create serious problems when they retire.”
“What we need is a more targeted withdrawal system.”
Highest in three years.
EPF also states that graduates with salaries of RM3,000 or above can achieve the goal sooner.
RM2,690 a month is now the standard for elderly Malaysians to maintain a decent living post-retirement
What do you think?
The withdrawal was made by 3.86 million EPF members.
Dreaming of RM1,100 a month in dividends? Here’s how early EPF planning could make it a reality.
In her case, she didn’t job-hop but stuck with a high-paying job since graduation.
This is to ensure that EPF members had at least RM240,000 to live on upon retirement.