PETALING JAYA: The Malaysian Employers Federation (MEF) is backing the government’s move to stop any more withdrawals from the Employees’ Provident Fund (EPF) for the Covid-19 pandemic or floods, although this is not a popular move.
Its president, Datuk Dr Syed Hussain Syed Husman, said about 48% of EPF members aged below 55 now had critically low savings.
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