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Ideas warns that the government’s recent decision to allow another withdrawal of up to RM10,000 from EPF savings risks leaving even more EPF contributors with insufficient savings once they reach retirement.
Focus
EPF withdrawals should be a last resort policy - Ideas
SHAH ALAM - The Institute for Democracy and Economic Affairs (Ideas) believes that the withdrawal of...
Lack of retirement savings could lead to social crises such as homelessness according to economists. - Picture courtesy of Johor Bahru City Council
Exclusives
Further EPF withdrawals could even lead to homelessness, warns experts
SHAH ALAM - It is extremely challenging to recoup retirement savings, especially monies from the...
Photo for illustration purpose only - Source: 123rf
National
Beware of EPF special withdrawal scammer - Police
KUALA LUMPUR - Police have warned people to not be fooled by a scam tactic involving the process of...
Ketum or its scientific name, Mitragyna specios - Source: 123rf
National
Decision to allow export of ketum should be made by Cabinet - Deputy IGP
KUALA LUMPUR - Any decision on allowing ketum leaves from this country to be exported to Thailand as...
6.3 million of 14 million contributors have lesser than RM10,000 in savings
National
Economists warn 'society of poverty' if early EPF withdrawal continues
SHAH ALAM: Two economists warned early retirement fund withdrawal would create a "society of...
Financial Expert, Professor Dr Mohamad Fazli Sabri said, contributors should make advance planning on how to utilise the funds before withdrawing their EPF savings. - Bernama Photo
National
Do not rush to take out EPF savings, cautioned financial expert
SHAH ALAM - An expert has recommended that Employee Provident Fund (EPF) contributors do not...
One of the factors was that the government was concerned about the difficulties faced by the people.
National
Five reasons why govt allows EPF special withdrawal
SHAH ALAM - Economic experts have laid out five main reasons why the government finally allowed the...
EPF says latest special withdrawal initiative of RM10,000 announced by the government on Wednesday, should be the last scheme.
National
This fourth special withdrawal should be the last - EPF
SHAH ALAM - The Employees Provident Fund (EPF) said the latest special withdrawal initiative of...
Photo for representational purpose only
National
Bosses against RM10,000 EPF blanket approval - MEF
SHAH ALAM - Bosses are saying that the RM10,000 special withdrawal from the retirement fund should...
BNM said the loss of confidence in the ringgit and domestic government bond market will result in a huge cost to Malaysia, especially as the country is part of the international financial market. - 123RF Photo
National
Policies, measures beyond Central Bank's mandate will dampen investors' confidence
KUALA LUMPUR - The implementation of policies and measures that go beyond Bank Negara Malaysia’s...
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New
Sunway Medical Centre Velocity (SMCV) Consultant Clinical Oncologist Dr Hafizah Zaharah Ahmad said early detection plays a decisive role in improving clinical outcomes, with survival rates exceeding 90 per cent when the disease is identified at an early stage. - 123RF photo
Beyond the sniffles, how nasopharyngeal cancer often goes overlooked
Photo: HAMZAH ZAINUDIN / FACEBOOK
Axed Hamzah makes first move with tea session alongside Pas, Bersatu and former party...
Kuala Lumpur Police Chief Datuk Fadil Marsus - BERNAMA FILE PIX
Post-mortem reveals 89 injuries on woman killed by husband in Kepong
Photo for illustration purposes only.
Body of pregnant woman found in a pool of blood, husband detained in Kota Tinggi
Photo for illustration purposes only.
Vehicles entering KL expected to nearly double ahead of CNY
Most Popular
Child opens car door, causes accident involving six vehicles along Jalan Tun Razak
A child inadvertently caused a road accident after opening a car door in open traffic, leading to two motorcycles crashing into each other.
New forensic review challenges Kurt Cobain's suicide ruling, says 'this is a homicide'
Kurt Cobain
Federal Court reinstates Isa Samad's conviction and sentence, issues warrant of committal
Former Felda chairman Tan Sri Mohd Isa Abdul Samad has been ordered to begin serving a six-year prison sentence from Tuesday.
Malaysians still drawn to charm of reading physical books
The Reading Profile of Malaysians 2022/2023 study by the National Library of Malaysia recorded a positive shift in reading trends among Malaysians, who crave a variety of information in line with changing lifestyles and current technological developments. - Bernama photo
Sultan Selangor’s decrees a wake-up call for law, harmony and sustainability
Sultan Selangor Sultan Sharafuddin Idris Shah (Photo from Selangor Royal Official)
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