KUALA LUMPUR: An opposition lawmaker has urged the government to reconsider its targeted withdrawal policy for Employees’ Provident Fund (EPF) Account 3 as he claims some account holders are misusing the funds.
"Many are using it for unnecessary luxury expenses. Clearly, the government's policy in creating Account 3 is ineffective," Datuk Wan Saiful Wan Jan (PN-Bukit Gelugor) while debating the Royal Address in parliament on Wednesday (Feb 12).
