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EPF: All Contributions To Be Placed In Account 1 to Replenish Savings

EPF: All Contributions To Be Placed In Account 1 to Replenish Savings

All new contributions to the Employee's Provident Fund (EPF) will be placed into Account 1 to replenish the savings of members withdrawn to cushion the impact of COVID-19, the Parliament was told today.
Wed Nov 24 2021
EPF: Over Six Million Account Holders Left With Below RM10k In Their Accounts

EPF: Over Six Million Account Holders Left With Below RM10k In Their Accounts

More than six million account holders of the Employees Provident Fund (EPF) have less than RM10,000 in their accounts to last their twilight years, the department has revealed.
Wed Nov 03 2021
More than 40% EPF Contributors Have Less Than RM5k In Account 1: Report

More than 40% EPF Contributors Have Less Than RM5k In Account 1: Report

More than 40 percent Employees' Provident Fund (EPF) contributors reportedly have only about RM5,000 or less in their Account 1, Finance Minister Tengku Zafrul Aziz has said.
Mon Nov 09 2020
Govt to Look Into Allowing Withdrawals From EPF Account 1, Says PM

Govt to Look Into Allowing Withdrawals From EPF Account 1, Says PM

The government will look into suggestions to allow the withdrawal of a portion of funds from Account 1 of the Employees' provident Fund (EPF) for certain contributors, Prime Minister Muhyiddin Yassin has said.
Wed Nov 04 2020