Too poor to retire


EPF contributors using the smart kiosk at EPF headquaters yesterday. AZMAN GHANI / The Star

Concerned that an alarmingly high number of 54-year-old Malaysians have less than RM50,000 in their EPF savings, the fund for private sector employees will reveal tomorrow its policy proposals that will allow retirees to live comfortably.

EAGER to impress his relatives and friends, Jerry Chung’s father wiped out his entire Employees Provident Fund (EPF) savings to pay for his eldest son’s wedding banquet.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Government , EPF , savings , withdrawal

Next In Nation

Perlis MB discharged from hospital
Perlis Perikatan unrest a 'family matter' to be solved amicably, says Shahidan
Twelve Orang Asli held for alleged trespass on Rompin oil palm plantation
Sabah MACC proposes governance improvements for state rural housing programme
Probe launched over alleged assault by cops during search
Not all Doctors can practise medicine, says MMC
MACC uncovers high-profile cases, recovers assets worth over RM8.4bil as of Nov 30
Selangor Sultan extends Christmas greetings
'Bossku will not give up,' says Najib's son
Sultan Ibrahim visits high-tech defence facilities in Abu Dhabi

Others Also Read