RM500 EPF withdrawal a great help

The money that goes into Social Security is not the government’s money. it’s your money. You paid for it. – Mitch McConnell, US senator In this column last week, I joined the chorus of Malaysians who have appealed to the government to allow Employees Provident Fund (EPF) members to make partial withdrawal from Account 1. […]

Mixed reactions to EPF withdrawals

KUCHING: Employees Provident Fund (EPF) contributors have offered mixed reactions to the Federal government’s decision to allow EPF withdrawals from Account 1 under Budget 2021. The move which was announced by Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz last Friday would allow contributors to withdraw RM500 a month up to a total of […]

EPF withdrawal helps ease burden of target groups

KUALA LUMPUR: The targeted Employees’ Provident Fund (EPF) Account 1 withdrawal facility has been described as the best measure to help ease the burden of those affected by Covid-19 with regard to household expenses. Federation of Malaysian Consumers Associations (Fomca) deputy president Mohd Yusof Abdul Rahman said the facility was seen as being able to […]