Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the facility is available for EPF members up to the age of 55.“This initiative is expected to benefit an estimated 12 million EPF members, with an expected withdrawal amount of RM40 billion.
Earlier today, Prime Minister Tan Sri Muhyiddin Yassin had announced that the facility would enable EPF contributors to withdraw a maximum amount of RM500 monthly for a period of 12 months. Prime Minister Tan Sri Muhyiddin Yassin had announced that the facility would enable EPF contributors to withdraw a maximum amount of RM500 monthly for a period of 12 months. - NSTP/MOHD FADLI HAMZAH
“EPF members can register for the facility by email or post starting Apr 1. Members can also register for the i-Lestari withdrawal facility online beginning May 1.