Taxi driver walks 300km to give Agong memorandum on EPF withdrawals
Noorazlan Ismail ended his six-day journey this morning.
Lower starting salaries, Covid withdrawals among factors behind low savings, says EPF
It also notes inconsistent contributions and structural wage challenges.
RM10,000 EPF withdrawals, for emergencies or Hari Raya?
The concern is that some contributors might view their retirement savings as extra spending money despite not being in dire straits.
EPF says most members at risk of old-age poverty due to Covid-related withdrawals
Some 48% of EPF members below the age of 55 have critically low savings, a 28% increase from before the pandemic.
Where i-Sinar went wrong
The economy should be stimulated through investments in areas that have been neglected, not through use of EPF savings in wasteful consumption.
More support from Malays, rural poor for govt’s pandemic measures
Malays and Bumiputeras are also more in agreement with the governance of the Covid-19 crisis.
Govt pledges easier EPF withdrawals as RM24 billion approved for 3 million
The EPF will provide an advance payment of up to RM1,000 for each eligible applicant under the i-Sinar Category 2.
Budget reflects bipartisanship but more can be done
Measures can still be enhanced to ensure that the benefits continue to flow over a much longer period of time.