Good news for retirees: Tunku Alizakri (second right) and Sabah EPF chief Izzriana Kamalia Abdullah (second left) launching the RAS in Kota Kinabalu. Looking on are Kota Kinabalu RAS officers Mohd Rusdi Md Nasir and Janaith Lee.
KOTA KINABALU: The Employees Provident Fund has extended its free Retirement Advisory Service (RAS) here, as well as in Ipoh and Kuantan – in line with its emphasis on helping EPF members manage their finances after they have stopped working.
EPF deputy chief executive officer (strategy division) Tunku Alizakri Raja Muhammad Alias said that most members use up their savings within three to five years after retiring, while almost 70% of members have less than RM50,000 in savings at the age of 54.
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