EPF: No cash crunch crisis


Business as usual: EPF has come out to deny claims that the EPF Act will be amended to prevent retirees from withdrawing their savings.

KUALA LUMPUR: The Employees Provident Fund (EPF) has refuted speculation of a cash crunch crisis building up in the retirement fund as well as an amendment of the EPF Act to prevent retirees from withdrawing their savings.

The retirement savings fund said it has always maintained sufficient liquidity to meet all of its obligations.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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

Next In Nation

KJ and I both made mistakes, admits Zahid
Six injured in five-vehicle pile-up on AMJ Highway
Elderly couple killed in Teluk Intan accident
Hold vote of confidence in state assembly to solve Negri political crisis, says Khairy
MACC confirms Rafizi called in over RM1.1bil govt-chipmaker deal
Today's youth will lead Umno to its 100th anniversary, says Zahid
All relief centres for Kg Bahagia fire victims close
PKR launches Teras, its AI data-driven election system
Puteri Umno invites Syed Saddiq, Bella to join 'Rumah Bangsa'
Umno seeks broader role as ‘integrated platform’ under Rumah Bangsa concept, says Khaled

Others Also Read