PM: Govt studying proposal to allow EPF Account 1 withdrawals


PUTRAJAYA (Bernama): The government is studying suggestions to allow certain contributors, such as those who have been laid off, to withdraw their funds from Account 1 of the Employees’ Provident Fund (EPF).

"I have discussed this with the Finance Ministry and we basically agreed and are prepared to study the proposal for contributors who really need it to withdraw funds from Account 1," said Prime Minister Tan Sri Muhyiddin Yassin (pic) on Wednesday (Nov 4).

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