KOTA BHARU, Jan 15 — More Employees Provident Fund (EPF) members will retire below the Income Poverty Line (PGK) level if the government allows additional withdrawals of their savings, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

KUALA LUMPUR, Jan 15 — Cagamas Bhd’s Skim Saraan Bercagar (SSB), a reverse mortgage loan for retired home owners, will be open for applications from eligible home owners in the Klang Valley beginning Monday, January 17, 2022.

KUALA LUMPUR, Jan 11 — Total gross investment income of the Employees Provident Fund (EPF) grew 7.7 per cent year-on-year to RM48.02 billion for the nine months ended September 30, 2021 (9M 2021) from RM44.60 billion in the same period in 2020.

KUALA LUMPUR, Dec 29 — There is no provision in the Employees Provident Fund (EPF) Act 1991 that permits withdrawals under natural disasters, according to the EPF.

KUALA LUMPUR, Dec 28 — The Employees Provident Fund (EPF) sees less withdrawals by its members in the future to safeguard its future retirement needs and wellbeing.

KUALA LUMPUR, Dec 15 — The Malaysian Employers Federation (MEF) yesterday said there should not be any more withdrawal schemes from the Employees’ Provident Fund (EPF) savings prior to its members reaching their retirement age of 60 to ensure they have adequate savings.

KUALA LUMPUR, Nov 24 — 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Fund (EPF) contributions of members who had made withdrawals will be credited into Account 1 until the total amount withdrawn had been replenished, said Deputy Finance Minister Mohd Shahar Abdullah.

KUALA LUMPUR,  Nov 24 — The government's strategic plan to support the  retirement security of the people, which is getting smaller, following the permission to make withdrawals from the Employees Provident Fund (EPF) is expected to be among the focus of the Dewan Rakyat sitting today.

KUALA LUMPUR, Nov 23 — The Employees Provident Fund (EPF) has expressed concern that the majority of its members are now at risk of falling into old-age poverty as Covid-19 related withdrawals have caused insufficient savings to live out a dignified retirement life.

KUALA LUMPUR, Nov 23 — The Employees Provident Fund (EPF) will launch the i-Sayang facility in the first quarter of 2022, as part of its ongoing effort to improve the livelihood of the people.

KUALA LUMPUR, Nov 22 — The Employees Provident Fund (EPF) has announced that its Jalan Raja Chulan branch office in Changkat Raja Chulan here will be permanently closed effective December 16.

KUALA LUMPUR, Nov 1 — The Employees Provident Fund (EPF) is now focusing on assisting members to rebuild their savings for their future retirement, following the special withdrawal facilities which were made available to help members deal with the Covid-19 health and economic crisis.

KUALA LUMPUR, Oct 25 — The one-off Bantuan Kehilangan Pendapatan (BKP) or loss-of-income aid of RM500 each would be paid out from tomorrow to assist people affected by the Covid-19 pandemic, said Prime Minister Datuk Seri Ismail Sabri Yaakob.

KUALA LUMPUR, Oct 25 — Employees Provident Fund (EPF) members using the i-Invest self-service online investment facility can now purchase up to eight unit trust funds from a maximum of five fund management institutions (FMIs) in a single purchase transaction.

KUALA LUMPUR, Oct 8 — Employees Provident Fund (EPF) announced that a total of RM155.18 billion had been outsourced to external fund managers as of December 31, 2020, in which the allocation, invested across both equity and fixed income instruments, represented 15.55 per cent of its total investment assets.

KUALA LUMPUR, Sept 13 — The Employees Provident Fund (EPF) has launched two new initiatives to ease the employers’ cash flow management during the pandemic and simultaneously allow them to undertake their statutory obligation.

KUALA LUMPUR, Aug 6 — The i-Sinar and i-Citra programmes, which aim to provide affected members with supplemental income to cater for their subsistence needs amidst the present crisis, is not heavily impacting the Employees’ Provident Fund’s (EPF) investment at the moment.

KUALA LUMPUR, July 11 — Members of the Employees Provident Fund (EPF) below the age of 55 may apply for the i-Citra withdrawal facility starting Monday (July 12, 2021) via icitra.kwsp.gov.my, three days earlier than scheduled.

KUALA LUMPUR, July 6 —  The Employees Provident Fund (EPF) will be opening its  offices and counters located in areas under the enhanced movement control order (EMCO) in Selangor and Pahang beginning tomorrow.

KUALA LUMPUR, July 5 — The Employees Provident Fund (EPF) is temporarily closing several offices and counters from July 5 following the announcement of the enhanced movement control order (EMCO) announced by the government.