3.5 million EPF contributors getting I-Lestari money
KOTA KINABALU: The Employees Provident Fund (EPF) has approved withdrawals from Account 2 totalling RM1.66 billion by 3.5 million contributors under the i-Lestari initiative launched last month, said Deputy Finance Minister I Datuk Abdul Rahim Bakri. The money would be credited into their bank accounts via electronic transfer between May 4 and 18, he said in a […]
How financial know-hows can help the new norm
KUALA LUMPUR: This month, many Malaysians who are eligible for the government’s Bantuan Prihatin Nasional have begun to receive the much-needed financial aid, and many have also breathed a sigh of relief from the moratorium on loan payments. Several initiatives under the Prihatin Rakyat Economic Stimulus Package (Prihatin), such as the wage subsidy programme as well as […]
1.17 mln EPF i-Lestari applications approved
KUALA LUMPUR: As of April 12, 2020, the government has received 1.28 million applications for withdrawals under the Employees Provident Fund’s (EPF) i-Lestari facility for May, of which 1.17 million were approved, involving withdrawals totalling RM572 million. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said under the programme, EPF contributors may withdraw RM500 per month for 12 months from […]
Crowd gathers at EPF complex despite closure notices
KUCHING: A group of people gathered at the Employees Provident Fund (EPF) complex at Simpang Tiga here yesterday morning although notices have been issued that all EPF branches throughout the movement control order (MCO) period would be closed. The public had gathered outside the gate early in the morning to apply for the i-Lestari Account […]
Application for EPF i – Lestari withdrawal via i-Akaun starts today
KUALA LUMPUR: Employees Provident Fund (EPF) members may apply for the i-Lestari Account 2 Withdrawal Scheme starting today, via i-Akaun (Member), in light of the government’s extended movement control order (MCO). In a statement issued today, EPF stated that due to the MCO, all EPF branches as well as Contact Management Centres would remain closed until […]
EPF subscribers allowed to make RM500 withdrawal for 12 months
PUTRAJAYA: Subscribers of the Employees Provident Fund (EPF) who are aged below 55 are allowed to make withdrawals from their Account 2 beginning April 1 to ease the burden of those affected by the Covid-19 outbreak. Prime Minister Tan Sri Muhyiddin Yassin said the i-Lestari withdrawal initiative is expected to benefit up to 12 million EPF members, […]
