KUALA LUMPUR: The Employees Provident Fund (EPF) should not be seen as a solution or a way to overcome challenges, as this will affect the retirement savings of contributors, especially when Malaysia is expected to hit aging nation status by 2030, says Minister of Finance Datuk Seri Tengku Zafrul Tengku Abdul Aziz.
"This means that in eight years, retirees or senior citizens will make up 15%, or 5.3 million people, of the population, and eight years is not a long time.
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