Covid-19: EPF withdrawals allowed for those age below 55, RM630mil more in allocations


PUTRAJAYA: The Prime Minister has announced Malaysians below the age of 55 will be allowed to withdraw RM500 per month from their Employees Provident Fund (EPF) saving for 12 months to ease their financial burdens caused by Covid-19.

Tan Sri Muhyiddin Yassin also announced RM630mil more in allocations to help combat the disease – RM500mil to the Health Ministry and RM130mil to state governments.

Celebrate Merdeka with 50% Off!
T&C applies.

Monthly Plan

RM13.90/month
RM6.95 only

Billed as RM6.95 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM6.17/month

Billed as RM78 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Mindef sets October deadline for delivery of Black Hawk helicopters
Man killed as car crashes into express bus in Negri Sembilan
M'sia to contest for Unesco Executive Board seat
Avoid raising issues on social media that can harm racial harmony, says Tiong
Check out the new MRT3 Circle Line
Families come together at the parade in Ipoh
Early planning under Bill
‘Unity most meaningful gift for me’
Cruising through in style with His Majesty’s Rolls-Royce
State agencies on high alert for potential floods

Others Also Read