EPF members withdraw RM3.12bil

EPF chief executive officer Datuk Shahril Ridza Ridzuan said the EPF reported a 101.27% increase in the usage of i-Akaun to 3.33 million in Q2 2015 from 1.65 million a year ago.

KUALA LUMPUR: A total of RM3.12bil was withdrawn under the Employees Provident Fund’s (EPF) “Flexible Age 55 Withdrawal” scheme in the second quarter of 2015.

It said in a statement that this was an increase of 72.3% from the RM1.81bil in the second quarter of 2014 and also higher by 16.4% from RM2.68bil in the first quarter of 2015.