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aws账号( warn against EPF withdrawal in a crisis



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Experts say allowing flood victims to be able to withdraw from the EPF accounts would be counterproductive, leaving them short of funds when they retire. – The Malaysian Insight file pic, January 9, 2022.

THE RM10,000 Employees Provident Fund (EPF) i-Citra withdrawal allowed is not the best solution for contributors adversely affected by the recent floods, financial expert Assoc Prof Ahmed Razman Abdul Latiff said today.

The vice-chairman for the Movement for Monetary Justice Malaysia (MMJ) said this withdrawal would only reduce their EPF savings for old age.



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