Having enough for retirement


Sound advice: AKPK’s Desmond Chong (right) explaining to a participant the importance of saving for retirement and emergencies, at the EPF Retirement Ready Save Go workshop held at Manipal International University in Nilai, Negri Sembilan.

EIGHT in 10 Employees Provident Fund (EPF) contributors aged 54 years have insufficient savings to sustain them in their retired years, said the social security organisation.

EPF strategic management manager Jamaliah Awang said based on 2014 figures, only 22% or about 17,000 active contributors aged 54 years have achieved the basic amount of RM196,800 for their retirement years.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

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!
   

Others Also Read