No steps taken to raise EPF withdrawal age from 55 following World Bank's suggestion, says fund

PETALING JAYA: There have been no steps taken to raise the current full withdrawal age of 55, says the Employees Provident Fund (EPF).

Its corporate affairs department said that it took note of the World Bank’s suggestion to gradually raise the age when members can make full withdrawals of Accounts 1 and 2 of their EPF retirement savings from 55 to 65.