Median EPF savings of all Malaysians down 50%, that's why no more special withdrawals allowed: Ahmad Maslan

KUALA LUMPUR: The median savings in the EPF accounts of all Malaysians declined 50 per cent to RM8,100 in 2022 from RM16,600 in the year before the Covid-19 pandemic hit, said Deputy Finance Minister Datuk Seri Ahmad Maslan.

More than RM145 billion was withdrawn by 8.1 million individuals during the pandemic under four special withdrawal schemes, he added.