Criteria for i-Sinar announced

While EPF makes it easy for members, saying not everyone needs supporting documents to withdraw from Account 1, financial experts are cautioning contributors against keeping their nest egg depleted for long. Replenish it when the dust has settled, they say.

PUTRAJAYA: The Employees Provident Fund (EPF) announced the criteria for i-Sinar application, dividing those eligible into two distinct categories.

Under Category 1 are members who have not contributed to EPF for at least two consecutive months on application or are still working but have suffered a reduction of 30% or more in their base salary from last March.