KUALA LUMPUR: A total of 3.4 million of the 13.1 million Employees Provident Fund (EPF) members under the age of 55 have made withdrawals from the Flexible Account amounting to RM8.9bil as of July 19, 2024, says Datuk Seri Amir Hamzah Azizan.
The Finance Minister II said that for the same period, a total of 3.8 million or 29.3% of EPF members chose to have the initial amount in the Flexible Account (Account 3) with a transfer of RM12.6bil, while RM5.6bil was transferred to the Retirement Account (Account 1).
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
