Govt to find ways to reduce people's financial stress without withdrawing EPF savings
Anwar said the people had already been allowed to make several EPF withdrawals before, which caused their retirement amount to decline.
Thu Feb 09 2023
EPF: Additional withdrawals can cause members to retire below poverty line - Tengku Zafrul
Additional withdrawals will lead to continuous decline in EPF members' retirement savings and currently almost half of the members had less than RM10,000 in their accounts.
Sat Jan 15 2022
Shortfall in retirement savings requires serious attention - SC
The current shortfall in retirement savings among Malaysians requires serious and urgent attention, Securities Commission warns.
Tue Sep 21 2021
EPF i-Sinar withdrawal gives positive immediate impact to real economy - BNM
Abdul Rasheed said that in terms of retirement savings, however, the buffer needed to be strengthened and rebuilt.
Fri Apr 02 2021
Wait for 2021 Budget, may not be necessary to withdraw EPF money - PM
Muhyiddin acknowledged the need to balance short-term needs of individuals affected with the long-term future and retirement savings needs.
Wed Nov 04 2020
Please don't let go of hard-earned savings easily
Retirement savings is a longer-term safety net that should not be eroded due to what could be a temporary problem, albeit a serious one.
Tue Nov 03 2020
EPF Chief: This is how we solve our retirement savings problem
Most of us don't have enough savings to last us after we retire. We have to do something, and we have to do it fast. And the man in charge of our retirement savings has a plan.
Mon Jan 15 2018
Address issue of retirement savings in TN50 - Khairy Jamaluddin
He said it was worrying when a report highlighted that about 68 per cent of Employees Provident Fund (EPF) members had savings of less than RM50,000.
Thu Apr 13 2017
Diversify investments for higher retirement savings
Those wanting to maintain a comfortable life during old age will certainly have made the necessary financial planning for their retirement years, but with inflation and rising cost of living, they rem
Wed Dec 28 2016
Malaysians working abroad eligible to contribute to EPF
Johor EPF branch Retirement Advisory Service (RAS) officer, Faizal Abu Al-Ashari said those below 55 years-old can register as EPF members to make savings until they reach retirement age.
Tue Dec 27 2016
Start planning for retirement upon joining workforce
Financial planning for retirement should begin at early stage when a person starts working.
Thu Nov 10 2016
EPF savings may not suffice for retirement
Financial planning for retirement is crucial to ensure a comfortable lifestyle.
Thu Nov 10 2016
Increase in minimum wage ensure sufficient retirement savings for EPF contributors
The new minimum wage would be implemented in all sectors except for domestic services and maids.
Mon Oct 26 2015
Citibank becomes first bank to offer private retirement savings in Malaysia
Citibank (M) Bhd become the first foreign bank to offer private retirement savings in Malaysia, via partnering CIMB-Principal Asset Management Bhd as the distributor.
Thu Dec 12 2013