Finance minister wants EPF to be flexible in allowing withdrawals from Account 1 | Malay Mail

Sunday, 08 Nov 2020 10:57 PM MYT

The minister said he had discussed with the fund’s management today and the latter had assured they would announce details on how to make a withdrawal and who would be eligible to do so. During his Budget 2021 speech on Friday, Tengku Zafrul announced the facility to withdraw EPF savings from Account 1 on a targeted basis. The amount allowed will be RM500 a month with a total of up to RM6,000 over 12 months.

I dont think this is a good idea.

KWSPMalaysia pls look after the Rakyat welfare and remember Finance Minister come and go. Esp one like him

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