AS people draw near to retirement, they become increasingly concerned about ensuring a steady income flow. Many people count the days until they can make their lump-sum withdrawals from their pension funds, which they have been putting aside each month.
The Employees’ Provident Fund (EPF) is a required contribution from employees and employers at the rate of 9% and 12% respectively, so 21% of your monthly income goes to the EPF.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
