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Ideas warns that the government’s recent decision to allow another withdrawal of up to RM10,000 from EPF savings risks leaving even more EPF contributors with insufficient savings once they reach retirement.
Ideas warns that the government’s recent decision to allow another withdrawal of up to RM10,000 from EPF savings risks leaving even more EPF contributors with insufficient savings once they reach retirement.
Focus
EPF withdrawals should be a last resort policy - Ideas
SHAH ALAM - The Institute for Democracy and Economic Affairs (Ideas) believes that the withdrawal of...
Expressing his concern for Malaysia's ageing society, Malaysian Healthy Ageing Society adviser Professor Nathan Vytialingam said retirees will need every penny they could save in order to sustain a healthy lifestyle that can help reduce the risk of falling sick. - Picture credit of Malaysian Healthy Ageing Society
Expressing his concern for Malaysia's ageing society, Malaysian Healthy Ageing Society adviser Professor Nathan Vytialingam said retirees will need every penny they could save in order to sustain a healthy lifestyle that can help reduce the risk of falling sick. - Picture credit of Malaysian Healthy Ageing Society
Exclusives
Lack of retirement savings greatly impacts healthcare in your golden years
SHAH ALAM - The lack of retirement savings will greatly affect the quality of health care as one...
Lack of retirement savings could lead to social crises such as homelessness according to economists. - Picture courtesy of Johor Bahru City Council
Lack of retirement savings could lead to social crises such as homelessness according to economists. - Picture courtesy of Johor Bahru City Council
Exclusives
Further EPF withdrawals could even lead to homelessness, warns experts
SHAH ALAM - It is extremely challenging to recoup retirement savings, especially monies from the...
Photo for illustration purpose only - Source: 123rf
Photo for illustration purpose only - Source: 123rf
National
Beware of EPF special withdrawal scammer - Police
KUALA LUMPUR - Police have warned people to not be fooled by a scam tactic involving the process of...
Wet weather continues to batter Malaysia leaving with many states facing flash floods, displacing thousands and damaging properties in the untold millions. - Bernama Photo
Wet weather continues to batter Malaysia leaving with many states facing flash floods, displacing thousands and damaging properties in the untold millions. - Bernama Photo
National
Flood victims appreciate EPF withdrawals
SHAH ALAM - After the government announced the latest RM10,000 special withdrawal from the Employees...
Umno Youth chief Asyraf Wajdi Dusuki (left) along with Prime Minister Ismail Sabri Yaakob (right) sitting together during the party's annual general assembly at the World Trade Centre today. - Bernama Photo
Umno Youth chief Asyraf Wajdi Dusuki (left) along with Prime Minister Ismail Sabri Yaakob (right) sitting together during the party's annual general assembly at the World Trade Centre today. - Bernama Photo
Politics
At party assembly, Umno youth claims victory over EPF withdrawals
KUALA LUMPUR - Umno has remained a party that champions the welfare of the people by continuously...
6.3 million of 14 million contributors have lesser than RM10,000 in savings
6.3 million of 14 million contributors have lesser than RM10,000 in savings
National
Economists warn 'society of poverty' if early EPF withdrawal continues
SHAH ALAM: Two economists warned early retirement fund withdrawal would create a "society of...
Financial Expert, Professor Dr Mohamad Fazli Sabri said, contributors should make advance planning on how to utilise the funds before withdrawing their EPF savings. - Bernama Photo
Financial Expert, Professor Dr Mohamad Fazli Sabri said, contributors should make advance planning on how to utilise the funds before withdrawing their EPF savings. - Bernama Photo
National
Do not rush to take out EPF savings, cautioned financial expert
SHAH ALAM - An expert has recommended that Employee Provident Fund (EPF) contributors do not...
One of the factors was that the government was concerned about the difficulties faced by the people.
One of the factors was that the government was concerned about the difficulties faced by the people.
National
Five reasons why govt allows EPF special withdrawal
SHAH ALAM - Economic experts have laid out five main reasons why the government finally allowed the...
EPF says latest special withdrawal initiative of RM10,000 announced by the government on Wednesday, should be the last scheme.
EPF says latest special withdrawal initiative of RM10,000 announced by the government on Wednesday, should be the last scheme.
National
This fourth special withdrawal should be the last - EPF
SHAH ALAM - The Employees Provident Fund (EPF) said the latest special withdrawal initiative of...
New
People walk past posters campaigning for Democratic presidential nominee, US Vice President Kamala Harris are seen on a wall along twelfth street on November 04, 2024 in Philadelphia, Pennsylvania. - File photo by AFP
People walk past posters campaigning for Democratic presidential nominee, US Vice President Kamala Harris are seen on a wall along twelfth street on November 04, 2024 in Philadelphia, Pennsylvania. - File photo by AFP
Harris needed Hawaii vacation after losing presidential election - White House
American singer Bruno Mars and K-pop singer Rose in the music video of Apt. Photo: ROSE/YOUTUBE
American singer Bruno Mars and K-pop singer Rose in the music video of Apt. Photo: ROSE/YOUTUBE
Rosé, Bruno Mars to perform viral hit for first time
In Dewan Rakyat yesterday, Anwar explained the government’s new strategy to reduce overseas travel expenses was to invite companies such as Petronas, Proton, and others to participate. - Photo credit: Anwar Ibrahim/Facebook
In Dewan Rakyat yesterday, Anwar explained the government’s new strategy to reduce overseas travel expenses was to invite companies such as Petronas, Proton, and others to participate. - Photo credit: Anwar Ibrahim/Facebook
Govt saves nearly RM1 million in Anwar's flight cost for visits to five countries - Fahmi
Abang Adik has garnered recognition at prestigious events such as the 37th Fribourg International Film Festival in Switzerland and the First Film Festival in China. - File photo
Abang Adik has garnered recognition at prestigious events such as the 37th Fribourg International Film Festival in Switzerland and the First Film Festival in China. - File photo
Abang Adik wins best film award in Los Angeles
Britain's King Charles III. Photo by Thibaud Moritz/AFP
Britain's King Charles III. Photo by Thibaud Moritz/AFP
King Charles' coronation cost £72 million, government accounts show
Most Popular
Healing through stories: Must-watch K-dramas for mental health support
It’s Okay, That’s Love - Source: X
It’s Okay, That’s Love - Source: X
King Charles' coronation cost £72 million, government accounts show
Britain's King Charles III. Photo by Thibaud Moritz/AFP
Britain's King Charles III. Photo by Thibaud Moritz/AFP
Police collect over RM1 million in discounted summonses on first day of 2TM programme
Photo for illustrative purposes only. Bernama FILE PIX
Photo for illustrative purposes only. Bernama FILE PIX
Abang Adik wins best film award in Los Angeles
Abang Adik has garnered recognition at prestigious events such as the 37th Fribourg International Film Festival in Switzerland and the First Film Festival in China. - File photo
Abang Adik has garnered recognition at prestigious events such as the 37th Fribourg International Film Festival in Switzerland and the First Film Festival in China. - File photo
One dead, one injured in Australian helicopter crash
Photo for illustrative purposes only - Canva
Photo for illustrative purposes only - Canva
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