EPF nomination probe reveals no details provided


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

“In this case, the beneficiary’s name was not in the system and upon further checking, we also found no physical documents bearing the name of the member’s wife as the member allegedly said was made last year,” it said.

Earlier, Facebook user Anderson Joseph Yu posted a message on his Facebook account claiming that EPF was deleting its members' nominees names.

In response to EPF statement, Yu told The Star Online that he stands firm by his claims although he has removed his Facebook post.

The EPF statement that it was against its integrity and corporate governance to deliberately delete, amend or alter members’ nomination details for any reason as “we respect our members’ data privacy”.  

The EPF emphasised that it has no benefit in withholding members’ savings upon their passing and accounts that have yet to name any beneficiary(ies) will be considered as “No Nomination”. 

"Savings will still be kept under the deceased member’s name until his/her next-of-kin stake their claim upon the savings through the current Death Withdrawal and 'No Nomination' process and procedures," it said.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

MIDF boosts security after cyber Incident
Gas Malaysia distribution adjusts tariff down
RHB IB expects 4.2% y-o-y for 1Q GDP print
Miti closely monitoring situation in Middle East for possible escalation in conflict
Ringgit continues to appreciate vs USD at close
Fajarbaru wins RM13.33mil contract from Malaysia Airports
Fitters Diversified bags RM26.1mil subcontract from IJM Construction
CIMB Thai 1Q net profit dips 24.6% to 626.1 million baht
Maxis ready to build another 5G network, fully supports govt 5G delivery model
Iconic Worldwide raises RM95.6mil in oversubscribed rights issue

Others Also Read