Flexible account withdrawals manageable, says EPF CEO


SHAH ALAM: An average of RM400mil is withdrawn from the Employees Provident Fund’s (EPF) Flexible Account each month, but it would take another 30 years before withdrawals exceed contributions to the account, said EPF CEO Ahmad Zulqarnain Onn (pic).

He said the balance in the Flexible Account stood at slightly under RM8bil, as of the end of last year.

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