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

Pahang hit by floods again, one relief centre opened in Raub
Body of second drowning victim in Dungun found
Bersatu still a steadfast partner in Perikatan, says Muhyiddin
Woman, jobless man charged with attempted murder of husband in Johor
Helicopter incident: Injured crewman to be transferred to Armed Forces hospital in Lumut today
AirBorneo’s inaugural flights take off from Kuching
Litterbugs may trim trees as part of new community service punishment, says Nga
Malaysian Medical Council records surge in applications for annual practising certs
Flood victims rise in Sarawak, Johor sees minor decrease
Thunderstorms, heavy rain expected in three states, KL and Putrajaya

Others Also Read