When wages go up, so will EPF’s funds, says CEO


CEO Datuk Seri Amir Ham­zah Azizan

SHAH ALAM: About 81% of active Employees Provident Fund members in the formal sector are earning a monthly salary of RM5,000 or less and this, the EPF says, is a reason for the inadequate retirement savings.

Of this number, CEO Datuk Seri Amir Hamzah Azizan says 44% earn less than RM2,000.

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!
syariah savings , i-Akaun , EPF , dividends ,

Next In Nation

INTERACTIVE: Malaysian kids hit by rising anxiety disorders
Bus ride turns violent
Best is yet to come after 11-year wait for BTS
Matchmade couples come together for Ponggal
Tax-free car dream dashed
MyBorderPass has raised the bar for MyNIISe
Preserving a village’s legacy
Safeguards urged for blanket social media ban
Malaysiakini apologises for photo error
Umno Youth urged to continue speaking up

Others Also Read