No more EPF withdrawals, RM145bil taken out since 2020, says Deputy Finance Minister


KUALA LUMPUR: A total of RM145bil was withdrawn from the Employees Provident Fund (EPF) by 8.1 million members during the Covid-19 pandemic, said Deputy Finance Minister Datuk Seri Ahmad Maslan.

"That is why the government has no plans to allow any more EPF withdrawals in the near future," said Ahmad at a press conference in Parliament on Thursday (Feb 16).

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

TB outbreak: Mask up at crowded places like Ramadan bazaars, public urged
Public inspection for LRT Mutiara Line extension linking Penang Island, Seberang Perai
12 police personnel suspended over cryptocurrency theft
Bill to cap PM’s term at 10 years to be tabled on Monday
Cops nab man connected to 2025 intimidation case
Police to call several individuals in probe over alleged share ownership by Azam Baki
DAP special congress is part of party's internal process, says Fahmi
Sabah flood: Number of victims increased to 3,768 people at noon
Prioritise welfare of police personnel, says Dr Wan Azizah
Traffic slows on major expressways as at noon

Others Also Read