This article is 3 years old
EPF: Covid-19 withdrawals compound issue of insufficient retirement savings
The Employees Provident Fund (EPF) has expressed concern that the majority of its members are now at risk of falling into old-age poverty as Covid-19 related withdrawals have caused insufficient savings to live out a dignified retirement life.
EPF chairperson Ahmad Badri Mohd Zahir said this will not only be detrimental to individual livelihoods, the socio-economic landscape of the country and its fiscal health will also be challenging...
Verifying user
RM12.50 / month
- Unlimited access to award-winning journalism
- Comment and share your opinions on all our articles
- Gift interesting stories to your friends
- Tax deductable