PM: EPF’s proposal being fine-tuned

KUALA LUMPUR: The government has no objection to the Employees Provident Fund’s (EPF) proposal to make it mandatory for new members to withdraw their savings periodically instead of a lump sum upon reaching 55, says Datuk Seri Anwar Ibrahim.

The Prime Minister, however, said the proposal was still being fine-tuned and was in its final stages.