Ahmad Maslan: 1,331 EPF contributors can withdraw over RM1mil each next year


KUALA LUMPUR: Some 1,331 people have over RM1mil each in their Employees Provident Fund (EPF) account and can withdraw the sum when they turn 55 next year.

Deputy Finance Minister Datuk Ahmad Maslan (pic) said on Thursday that this group constituted 0.6% of the total 233,299 EPF contributors who turn 55 and can withdraw their savings next year.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Parliament , Maslan , EPF , RM1mil

Next In Nation

Two Immigration officers nabbed for masterminding online passport renewal syndicate
Logistics sector urges caution in revised testing protocol for lorry brakes
Two more senior Armed Forces officers expected to be charged next week, says Azam Baki
India lauds Malaysia for comprehensive labour reform agenda
Delivery rider nabbed for allegedly posing as policeman to demand sex
Kelantan border vulnerable to corruption and leakages, says MACC chief
B40 children to get priority in free preschool class expansion
Preschools for building character, not pushing out ‘exam-oriented’ students, says Syed Saddiq
Govt mulls basing assistance on net disposable income, Dewan Rakyat told
HR Ministry to promote English in workforce while maintaining status of BM

Others Also Read