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
Married couple found murdered in Sarawak's Sri Aman district
Taiwan University backs Kiulu’s Cittaslow push
Two enterprises face possible penalties over alleged highway tender bid rigging cartel
Jobless man arrested over Kg Johan Setia fire
Senior Armed Forces officer arrested in graft probe
Tuanku Muhriz warns against normalising corruption
Marine police seize RM211,000 worth of fireworks in Juru
Desperate escape tactics fail as Immigration raids net 150 in KL
Mobula 8 cleans 2.3 tonnes of trash from Kota Kinabalu waters
KL cops probing neglect claims after infant sustains fractured femur

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.