EPF: Don't touch your Account 1 savings, says CEO

By JO TIMBUONG

EPF chief executive officer Alizakri Alias

PETALING JAYA: The Employees Provident Fund advised its members' against withdrawing savings from Account 1 to address the challenges brought on by Covid-19.

Echoing Prime Minister Tan Sri Muhyiddin Yassin's advice, the EPF said touching retirement savings in Account 1 could cause larger problems for contributors in the future.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Employees Provident Fund , EPF , Account 1 , Savings Alizakri Alias , Prime Minister , Muhyiddin Yassin , Najib Razak

Next In Nation
Rapid Bus route revamp to enhance services in Klang Valley
Stolen identities available ‘for rent’
Muhyiddin backs Hadi Awang’s push for an EGM
New standards to ‘cure’ hospitals
Has caning lost its sting?
Train is vital lifeline for students
Nadia Brian prioritising personal peace for now
No Grok for now, says MCMC
Lions stir to life for lunar dawn
Smooth start for Group A

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.