KUALA LUMPUR: The Employees Provident Fund (EPF) is making strides in addressing challenges of old-age income security, in particular for the four million informal workers that face greater risks because of the lack of mandatory contributions towards retirement programmes.
Its chairman Tan Sri Ahmad Badri Mohd Zahir said to mitigate this, the government came up with a few initiatives including the i-Saraan, which encourages voluntary contributions through a government incentive of up to RM500 yearly.
