‘Govt needs to help those with less than RM1,000’

PETALING JAYA: More efforts are needed to help Employees Provident Fund (EPF) contributors who have less than RM1,000 in their accounts to increase their retirement savings.

Economist Prof Dr Barjoyai Bardai said the government’s decision to allow further withdrawal from EPF could, in the long run, increase the number of contributors who have less than RM1,000 in their accounts.