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Too poor to retire


Concerned that an alarmingly high number of 54-year-old Malaysians have less than RM50,000 in their EPF savings, the fund for private sector employees will reveal tomorrow its policy proposals that will allow retirees to live comfortably.

EAGER to impress his relatives and friends, Jerry Chung’s father wiped out his entire Employees Provident Fund (EPF) savings to pay for his eldest son’s wedding banquet.

EPF , savings , withdrawal

   

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