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EPF to close its branches nationwide from June 1

EPF: Payment for current i-Sinar applications starts Tuesday

The retirement fund also said from March 8, members may amend their application details such as amount to be withdrawn, bank details, address, telephone number, and payment method on i-Sinar Online. KUALA LUMPUR: Applications for the i-Sinar facility in February submitted before Feb 25 will be approved in batches and payments started Tuesday (March 2), the Employees Provident Fund (EPF) said. The EPF said in a statement this included applications awaiting approval and were previously rejected, before the improvised i-Sinar facility without criteria was implemented in February. “Members who continue to see an unchanged application status may recheck their status on subsequent days.

Relaxed i-Sinar rules a welcome relief

Easier: The decision to remove conditions on i-Sinar eligibility was taken into consideration after public feedback. PETALING JAYA: The move to relax the i-Sinar withdrawal facility will bring much relief to those working in sectors hardest hit by the effects of the Covid-19 pandemic, say economic analysts. “This is a wise move. When the original requirement was stipulated, we could not have guessed that a second round of the movement control order (MCO) was implemented, ” said Asian Institute of Medicine, Science and Technology (AIMST) University vice-chancellor and economist Prof Datuk Dr John Antony Xavier. On Thursday, Finance Minister Tengku Datuk Seri Zafrul Tengku Aziz said the Employees Provident Fund (EPF) is working towards removing all conditions for the i-Sinar withdrawal facility.

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