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RM145.5bil in EPF withdrawals made since 2020

SHAH ALAM: The Employees Provident Fund (EPF) withdrawals, amounting to RM145.5bil since 2020, are larger than the individual gross domestic product (GDP) of some 100 countries, says Datuk Seri Amir Hamzah Azizan. ....

Shah Alam , Amir Hamzah Azizan , Provident Fund , Employees Provident Fund , Datuk Seri Amir Hamzah , Syariah Savings , I Akaun ,

When wages go up, so will EPF's funds, says CEO

SHAH ALAM: About 81% of active Employees Provident Fund members in the formal sector are earning a monthly salary of RM5,000 or less and this, the EPF says, is a reason for the inadequate retirement savings. ....

Shah Alam , Amir Hamzah Azizan , Provident Fund , Employees Provident Fund , Seri Amir Hamzah Azizan , Klang Valley , Syariah Savings , I Akaun ,

COMPETITIVE RETURNS AMID TOUGH INVESTMENT CLIMATE

THE Employees Provident Fund (EPF) Board announced a dividend rate of 5.35% for conventional savings with a total payout of RM45.44bil, and 4.75% for syariah savings with a total payout of RM5.7bil – bringing the total payout amount for 2022 to RM51.14bil. ....

Jom Tambah , Ahmad Badri , Ahmad Badri Mohd Zahir , Labour Force Malaysia , Department Of Statistics Malaysia , World Bank , Provident Fund , Asset Allocation , Tan Sri Ahmad Badri Mohd , Strategic Asset Allocation , Economic Prospects , Force Malaysia , Statistics Malaysia , Syariah Savings , I Akaun ,