Increase in EPF withdrawal age worth a second look? (Poll Inside)


PETALING JAYA: The recommendation by the World Bank to increase the Employees Provident Fund (EPF) withdrawal age from 55 to 65 years should not be cast aside completely, although some experts question whether it is suitable for Malaysians.

Sunway University director of the Economic Studies Programme Prof Yeah Kim Leng said the recommendation is worth considering given that the retirement age has been raised to 60.

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