Govt to study proposal to allow withdrawals from EPF account 1

Economy
Wednesday, 04 Nov 2020
4:21 PM MYT

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PUTRAJAYA: The government is studying the suggestions to allow certain contributors such as laid off workers to withdraw funds from Account 1 of the Employees’ Provident Fund (EPF).

"I have discussed with the Finance Ministry and we basically agreed and are prepared to study the proposal for contributors who really need to withdraw allocations from Account 1," Prime Minister Tan Sri Muhyiddin Yassin said here, today.

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Tags / Keywords: EPF , Muhyiddin Yassin , KWSP , i-Lestari

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Govt to study proposal to allow withdrawals from EPF account 1