KUALA LUMPUR, May 11 — After decades of work, Muhammad Badrul Jamil, 61, should be enjoying the fruits of his labour and a well-earned rest.

SHAH ALAM, May 8 — For the sake of Employees Provident Fund (EPF) contributors’ future, the government has taken an unpopular decision to no longer allow special withdrawals from the fund, said Prime Minister Datuk Seri Anwar Ibrahim.

PUTRAJAYA, May 1 — Prime Minister Datuk Seri Anwar Ibrahim said the four coalitions of political parties in the Unity Government are strong enough to fend off any plot to topple the government.

KUALA LUMPUR, April 15 — The Employees Provident Fund (EPF) today announced that 34,643 applications, or nearly half of the 74,392 received under MBSB Bank’s Ihsan-i Account 2 Support Facility (FSA2) as of yesterday (April 14), are eligible applications for a total sum of RM722 million.

KUALA LUMPUR, April 13 — The Malaysian Employers Federation (MEF) is calling for the policies on Employees Provident Fund (EPF) withdrawals to be reviewed, taking into account Malaysia’s current minimum retirement age of 60 years.

PUTRAJAYA, April 12 — A total of 59,230 contributors have applied for Employees' Provident Fund's (EPF) Account 2 Support Facility (FSA2) as of yesterday since it opened on April 7, with only 27,705 eligible, said Deputy Finance Minister Datuk Seri Ahmad Maslan.

KUALA LUMPUR, April 12 — The Employees Provident Fund (EPF) has refuted speculations of a cash crunch crisis building up in the retirement funds as well as the amendment of EPF Act 1991 to prevent retirees from withdrawing their savings.

KUALA LUMPUR, April 10 — The Employees' Provident Fund (EPF) Account Two support facility is not in the form of collateral offered by a borrower to a bank, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.

KUALA LUMPUR, April 10 — The Employees Provident Fund (EPF) has released its revised qualified list of a total of 299 funds from 18 fund management institutions (FMIs) approved under the EPF Members Investment Scheme (EPF MIS) of which 184 funds are qualified to be offered to EPF members for the 2023/2024 period.

KUALA LUMPUR, April 3 — The government has the obligation to protect the people, especially those at risk such as contributors to the Employees Provident Fund (EPF) who do not have enough savings for their old age, says Economy Minister Rafizi Ramli.

KUALA LUMPUR, April 3 — Employees Provident Fund (EPF) contributors should be aware of default risks if they cannot repay the financing obtained from the Account 2 Support Facility (FSA2) in the required repayment period, said an economist.

KUALA LUMPUR, April 3 — The Employees Provident Fund (EPF) has finalised the mechanism as well as the terms and conditions for the Account 2 Support Facility (FSA2), which will be implemented in two phases, with Phase 1 beginning on April 7.

KUALA LUMPUR, March 29 — Addressing issues related to retirement savings in Malaysia will take a larger time frame as most of the impediments, such as low wages, are structural in nature.

KUALA LUMPUR, March 21 — The government is finalising the Account 2 Support Facility Programme Initiative for members with savings in the Employees Provident Fund (EPF) to obtain cash resources without having to withdraw from their EPF savings.

KUALA LUMPUR, March 21 — The proposal to allow Employees Provident Fund (EPF) members to use their savings as collateral for bank loans does not breach Section 51 of the EPF Act, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, March 21 — The proposal to allow contributors of the Employees Provident Fund (EPF) to take bank loans by using their contribution as collateral will be among the matters to be discussed in the Dewan Rakyat today.

KUALA LUMPUR, March 11 — The merger of the Employees Provident Fund (EPF) and the Social Security Organisation (Socso) is not a feasible course of action, said the Malaysian Employers Federation (MEF).

IPOH, March 11 — The method of allowing contributors to use the funds in the Employees Provident Fund (EPF) as collateral for bank loans does not violate the EPF Act, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, March 9 — The government is proposing to introduce a scheme which allows Employees Provident Fund (EPF) contributors to apply for bank loans by using their retirement funds as collateral.

KUALA LUMPUR, March 9 — Lower starting salaries for those who began their careers before the implementation of the minimum wage in 2013 is among the factors contributing to Employees Provident Fund (EPF) members aged between 40 and 54 years having less than RM10,000 in savings.