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

Umno must lead push for Political Financing Act, says Wanita Chief
Border Control foils attempt to smuggle 2,000kg pig carcasses at Bukit Kayu Hitam
Warm welcome as Khairy returns to Umno General Assembly
Blaze destroys two factories in Banting industrial area
Lecturer loses RM493,600 to investment scam
Immigration rescues two Indonesian women from forced labour, human trafficking syndicate
High on meth, man allegedly threatens to slit toddler’s throat with broken bottle in Kelantan
WWII-era 227kg bomb unearthed at Jasin construction site
Khairy, former leaders to attend Umno Youth wing opening at general assembly
Do you know ... about buah pulasan?

Others Also Read