All EPF contributions to go to Account 1 to replenish savings, says Deputy Finance Minister


KUALA LUMPUR: The Employee's Provident Fund (EPF) will place all contributions into Account 1 in order to replenish the savings of its members who have withdrawn funds to weather the economic effects of the Covid-19 pandemic.

Deputy Finance Minister Mohd Shahar Abdullah (BN-Paya Besar) said a total of RM101bil has been withdrawn under the i-Lestari, i-Sinar, and i-Citra stimulus packages since the pandemic began last year.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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 EPF , Finance Ministry , Account 1 , Replenish

   

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