New EPF ruling to increase savings
KUALA LUMPUR: All new Employees Provident Fund (EPF) contributions of members who had made withdrawals will be credited into Account 1 until the total amount withdrawn had been replenished, said Deputy Finance Minister Mohd Shahar Abdullah. Only after that will 70 percent of the contributions be credited to Account 1 and 30 percent to Account 2, […]
Payment for current i-Sinar applications begins Tuesday
KUALA LUMPUR: Applicants for the i-Sinar facility under the Employees Provident Fund (EPF) submitted before Feb 25 will be progressively approved in batches following the removal of all previous criteria set for the withdrawals, and payments begin Tuesday, March 2. The EPF said this includes applications that are still awaiting approval and were previously rejected, […]
EPF to remove all i-Sinar facility’s conditions to simplify withdrawal process
KUALA LUMPUR: The Employees Provident Fund (EPF) is working towards removing all conditions for the i-Sinar facility, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. This follows Prime Minister Tan Sri Muhyiddin Yassin’s advice to improve its initiative after taking into consideration public feedback. “The removal of conditions will allow EPF members under the […]
EPF contributors welcome i-Sinar RM1,000 interim payment
KUALA LUMPUR: The interim payment of up to RM1,000 under Employees Provident Fund (EPF) i-Sinar facility for Category 2 contributors has provided a short-term and fast financial assistance to many, especially those adversely affected by the Covid-19 pandemic. The interim payment, received in stages by contributors since Jan 25, has helped them to continue their […]
11 speed bumps? Sleep-deprived man says he’s sorry
BESUT: A man who illegally installed 11 asphalt speed bumps on the street next to his house in Kampung Padang Luas, Jertih here, on Monday have apologised for his action. Nor Muhamad Roslam Harun, 40, admitted his mistakes of building so many speed bumps for a distance of less than 40 metres and creating an unnecessary hassle for other […]
i-Sinar EPF withdrawal scheme gives relief to many
BY ALVERDTEKOSTER ANYAP & SARAH HAFIZAH CHANDRA KUCHING: Many are flooding the Employees Provident Fund (EPF) building here to apply for the i-Sinar Account 1 withdrawal of up to RM10,000. The i-Sinar will benefit eligible EPF members across the country and it is one of the efforts by the government to provide relief to those […]
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 […]
