Finance Minister: Scope for EPF withdrawals to be widened to help 600,000 people


Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. - Bernama

KUALA LUMPUR: The government is planning to widen the scope for Employees Provident Fund (EPF) contributors to make Account 1 withdrawals, says Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

The Finance Minister said he was in discussions with EPF on how this could be expanded to benefit more than 600,000 people – the initial target in Budget 2021.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

No internet censorship once social media licensing is enforced, says Comms Ministry
Newborn found abandoned in Sibu in stable condition at hospital, says S'wak minister
Spain floods: Anwar extends heartfelt sympathy
Over 15% of Malaysian diaspora live in four countries, says HR Ministry
More than 2,000 M'sians came home under Returning Expert Programme, says HR Ministry
Local youths 'flood' Golok illegally for weekend entertainment, say Kelantan cops
Fundraising for Attorney General's retirement appreciation discontinued, says AGC
Over 300 complaints filed over unregistered beauty premises since last year, says Health Ministry
Packed schedule awaits Anwar on day two of working visit to Shanghai
Frenchman nabbed for drink-driving, hurling abuse at cops at Bayan Lepas roadblock

Others Also Read