Apply to withdraw from EPF

PETALING JAYA: Employees Provident Fund (EPF) members can apply for the RM500 monthly withdrawal to boost private consumption during the Covid-19 pandemic through the i-Lestari Account 2 Withdrawal Scheme beginning April 1.

In a statement yesterday, EPF chief executive officer Tunku Alizakri Alias said the decision to allow withdrawals from the retirement fund was considered carefully after weighing the well-being of its millions of members and safeguarding their savings.