EPF Account 1: Don’t withdraw unless necessary
MIRI: For the past few weeks, the Employees Provident Fund (EPF) Account 1 withdrawal has been a hot issue in the country. Most of the EPF’s contributors wanted to withdraw their savings (Account 1) after their livelihood was affected by the impact of Covid-19 pandemic. Following the economic fallout, many workers, especially those in the […]
EPF to announce Account 1 withdrawal details on Nov 18
KUALA LUMPUR: The Employees Provident Fund (EPF) will announce the details of access to the members’ Account 1 facility, known as i-Sinar, on Nov 18, 2020 (Wednesday). The EPF in a statement today said i-Sinar, which is in the process of being fine-tuned, was the outcome of an in-depth consultation with stakeholders so that affected […]
EPF fine-tuning Account 1 withdrawal facility
KUALA LUMPUR: The Employees Provident Fund (EPF) is in the midst of refining and improving the targeted Account 1 withdrawal facility as announced in Budget 2021 on Friday. “All views and feedback from various stakeholders are being carefully considered,” the retirement fund said in a statement yesterday. The EPF said the targeted withdrawal facility should […]
Govt to study proposal to allow withdrawals from EPF Account 1
PUTRAJAYA: The government is studying the suggestions to allow certain contributors such as laid off workers to withdraw funds from Account 1 of the Employees’ Provident Fund (EPF). “I have discussed with the Finance Ministry and we basically agreed and are prepared to study the proposal for contributors who really need to withdraw allocations from […]
