Monthly payouts proposal to ensure enough income post-retirement, says EPF
The retirement fund says the proposed shifts will likely require a generational change.
Govt considering mandatory monthly withdrawals for EPF members after 55
Prime Minister Anwar Ibrahim says the proposal will have to take into account several issues, including the fact that the savings of some EPF members are too small.
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.
What Djokovic and further EPF withdrawal advocates have in common
Short-term measures like more EPF withdrawals are paving the road to ruin because they do not come with suggestions on overcoming structural issues.
Pandemic will end but so will EPF savings
Some 15 million EPF depositors may face the spectre of insufficient retirement funds if withdrawals from Account 1 are allowed.
