KUALA LUMPUR: The EPF proposal to withhold lump sum payment at 55 has stirred a storm of reaction among contributors, with many expressing frustration they would not be entitled to control the outflow of their money.
Lai Fatt Sian, 52, a faculty dean at Universiti Tunku Abdul Rahman, said the EPF might have made some bad investments and that could be why the fund did not have enough money to disburse.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!