INTERACTIVE: Concerns about EPF members’ retirement adequacy

Money matters: A Rela volunteer guiding an account holder as people wait to enter the EPF branch in Sri Petaling to withdraw cash. — CHAN TAK KONG/The Star

The pandemic has brought a new focus on the livelihood of Employees Provident Fund (EPF) members post retirement given the vast amounts of money that has been withdrawn from member accounts.

EPF chairman Tan Sri Ahmad Badri Mohd Zahir noted that the RM101bil pandemic-related withdrawals since 2020 had resulted in 48% of EPF members having less than RM10,000 in their accounts.

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