EPF will focus on helping members rebuild savings

The EPF is currently working on a number of strategic responses to help members restore their nest egg. —FAIHAN GHANI/The Star

ALTHOUGH the withdrawal facilities launched by the Employees Provident Fund during the pandemic – namely i-Lestari, i-Sinar and i-Citra – have provided some measure of short-term financial relief for survival, the federal statutory body says that it is concerned about the impact such withdrawals will have on members’ retirement wellbeing.

As the economy recovers, EPF will look into helping members rebuild their savings, its chief executive officer Datuk Seri Amir Hamzah Azizan was reported as saying on Sept 24.