EPF’s 1Malaysia retirement savings scheme attracts 54,000 members

KUALA LUMPUR: The Employees Provident Fund (EPF) on Monday urged self-employed sector and those without fixed monthly income to take advantage of the 1Malaysia Retirement Savings Scheme.

“More than 54,000 individuals have participated in this scheme with contributions totalling RM144.60 million since it was introduced in January 2010,” its Deputy Chief Executive Officer (Operations) Ibrahim Taib said in a statement.