EPF proposal upsets many


  • Nation
  • Sunday, 14 Dec 2003

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. 

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