Best not to touch EPF Account 1 savings

Just a month ago, the EPF had advised its members against withdrawing their savings from Account 1 to address tough challenges brought on by the Covid-19 pandemic outbreak. The same advice was also echoed by Prime Minister Tan Sri Muhyiddin Yassin initially.

THE government’s move to allow members of the Employees Provident Fund (EPF) access to their Account 1 for i-Sinar facility has received mixed reviews.

Just a month ago, the EPF had advised its members against withdrawing their savings from Account 1 to address tough challenges brought on by the Covid-19 pandemic outbreak.