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Malaysians want a say in how they receive payouts

PETALING JAYA: Should Employees’ Provident Fund (EPF) members receive their retirement savings in monthly payments or a lump sum?

For many Malaysians approaching the retirement age, they want to have a choice.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Exclusive , EPF , retirement savings , monthly installments , lump sum , Malaysian retirees , financial advisors , pension scheme , Akaun Emas , 13th Malaysia Plan , stakeholders engagement

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