Put EPF dividend in flexible account so it can be withdrawn for Raya, says Shahidan


KUALA LUMPUR: A Perikatan Nasional MP has called for Employees Provident Fund (EPF) dividends to be channeled to the flexible account.

"We ask for 100% of the dividends to be channeled into Account 3 (Akaun Fleksibel)," Datuk Seri Shahidan Kassim (PN-Arau) told the Dewan Rakyat on Wednesday (Feb 25).

He said this would be helpful to the people for the upcoming Hari Raya festivities.

"One of my officers has RM300,000 in savings but he cannot withdraw any of it as he is too young.

"His dividend would be close to RM10,000. It would be helpful if he could withdraw the dividend," he added, urging the government to consider the request.

The EPF is set to announce the dividends for 2025 on Saturday (Feb 28).

 

 

 

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Johor JPJ seizes 44 luxury vehicles
District police chief in Sarawak under investigation for sexual harassment
Home Ministry seeks RM4.3mil to upgrade GOF 3rd Battalion Camp
Sabah STAR reps urged to clarify stance after Kaamatan event with Warisan's Shafie
Nothing earthshaking about UEC recognition, says ex-MCA chief
Country's GDP expected to grow due to high foreign investment, says Finance Ministry
Three held as Kelantan cops bust burglary gang
Bruneian paddlers claim podium finish in Sabah regatta
Appeals court upholds ex-lecturer's 30-year jail term for murdering guard, discharging firearm
Speaker’s Office confirms receipt of Rafizi's, Nik Nazmi's resignation letters

Others Also Read