EPF increases basic savings target to RM240,000


PETALING JAYA: The Employees Provident Fund (EPF) has increased its Basic Savings quantum to RM240,000 effective Jan 1, 2019.

This amount, which was set at RM228,000 previously, is the minimum amount of savings members should have upon reaching age 55.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Jamal Yunos' movable assets to be auctioned on June 22
Thunderstorms, heavy rain forecast for KL, Labuan and nine states until 9pm
Two nabbed over chemical spill in Pasir Gudang
Perlis Education Dept gives full cooperation in police probe into injured pupil case
Celebrating festivals of other religions does not diminish Muslims' faith, says Anwar
Premises owner, supervisor arrested over Pasir Gudang orange smoke incident
Loan sharks hound Johor family after RM350,000 debt settlement
Hadi to officiate at Reset Convention in Kelantan on June 13
The future of Islam is in coexistence with all faiths, Sultan Nazrin reminds Muslim youths
More smugglers turn to river, coastal routes in Kelantan, police say

Others Also Read