MP urges govt to consider remaining funds of contributors before allowing EPF withdrawals


KUALA LUMPUR: The government needs to consider the depleting funds of Employees Provident Fund (EPF) contributors before allowing another round of special withdrawal programmes, says Datuk Seri Amirudin Shari (PH-Gombak).

Amirudin said the remaining savings of contributors are becoming more worrying following several special withdrawal initiatives since the country was struck by the Covid-19 pandemic, adding that some contributors could only afford to spend 68sen a day after their retirement.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In Nation

Online gambling syndicate for foreigners busted in KL
Two men detained over fatal shooting in Nibong Tebal
MH370 search records 7,236 sq km with no significant findings so far
Judiciary sets up dedicated High Court for corruption cases
Thai police seeking Malaysia’s cooperation in hunt for suspected drug dealer
Boy dies choking on rambutan seed
Female cop and brother remanded over alleged RM30,000 bribery
IJM Corporation denies scrutiny from UK fraud office
Early voter turnout of 93% for Kinabatangan, Lamag by-elections, says EC
Defence Ministry announces four senior Armed Forces appointments

Others Also Read