Six NGOs urge govt to allow emergency EPF withdrawals


PUTRAJAYA: Six non-governmental organisations (NGOs), representing about 320,000 Employees Provident Fund (EPF) contributors who have savings of RM100,000 or more, are calling for the government to allow contributors to make targeted emergency withdrawals immediately.

Among the NGOs are Global Human Rights Federation (GHRF), Pertubuhan Gagasan Inovasi Rakyat Malaysia (PGIRM), the Malaysian Muslim Consumers Association (PPIM) and Independent Living and Training Centre Malaysia.

GHRF president S. Shashi Kumar said people are struggling in the face of the economic challenges in the country and are hard-pressed by the increasing costs of daily living.

According to him, in a dialogue session on Feb 4, contributors expressed their pain and suffering as a result of the Covid-19 pandemic and how until now they have been unable to restore their daily lives due to outstanding debts after losing jobs, financial loans, high-interest rates and being unable to depend on monthly salaries to bear their daily living expenses.

"There are 15.5 million EPF contributors as of June 2022 and not all contributors are asking for these withdrawals. Therefore, the government needs to give consideration to contributors who are desperate to make withdrawals to help restart their lives and get through these difficult times," he said.

Shashi told reporters this after submitting a memorandum for the attention of Prime Minister Datuk Seri Anwar Ibrahim to allow eligible contributors to make immediate withdrawals.

The memorandum was received by the special officer of the senior private secretary in the Prime Minister's Department, Muhammad Fikri Khalid, here Friday (Feb 17). - Bernama

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

EPF , immediate , emergency withdrawals , memorandum , NGO

   

Next In Nation

Court allows objection to GISB CEO's habeas corpus application
Pahang sees slight increase in flood evacuees this morning
Huge waves, high tides: More people evacuated in Terengganu
I still haven't found what they're looking for: Dr M teases search for 'billions'
Floods: Over 2,400 victims evacuated to 30 relief centres in Johor
PM Anwar to make working visit to UK
New bill to enforce community service for serial litterbugs to be tabled in March, says Nga
Man nabbed for attempting to smuggle out cooking oil, petrol in Sandakan
Busy schedule awaits Anwar on last day of Abu Dhabi visit, to meet UAE president
New industrial areas to spur growth

Others Also Read