He said this was due to the continuous decline in EPF members’ retirement savings and currently almost half of the members had less than RM10,000 in their accounts.
"So if additional withdrawals are allowed, this will result in more members to retire below the poverty line causing the Malaysian family to bear a huge burden in the future, especially if a recession occurs,” he added when speaking to reporters on Saturday while visiting the Kelantan Urban Transformation Centre .
Commenting further, Tengku Zafrul said every decision made by the government must take into account the interests of the people in the short-and long-term periods.
This Minister prefer suicide cases to increase rather than help the Rakyat!
tzafrul_aziz, the chief nanny, using the nanny state excuse to tell us WE r stupid, so THEY need to control us & OUR money. If it wasn't for chedetofficial's decades of extreme corruption, our nation could hv afforded to give every person above the age of 65, a decent pension.
So they prefer the rakyat to suffer first not knowing if they gonna make it to 55.. wow..
I ain't caring about ma livelihood 20 years ahead when I can't live past the week bruh
Stop ur craps tzafrul_aziz. Dnt even talk abt poverty when ur the cause 4 the rise of poverty. Daily giving baseless excuses abt poverty, abt retirement just 2 deny contributors their savings. U cant even predict ur own fate dnt predict 4 others. Life & death is never ascertain.
A way to help rakyat is to ensure good governance, a competent, accountable and transparent Executive and Administrative - that promotes a meritocratic economy and encourages high value added FDIs.
If Rakyat have no food today, die also, lagi lah no future
Dear minister, If you're not willing to let us use our own money, then allocate sufficient government money to help us survive the day. THE PRESENT DAY. Sincerely, The Surviving Rakyat.