PUTRAJAYA, March 16 — The Employees Provident Fund will be providing more information soon on the government’s newly-announced move of allowing Malaysians to make a special withdrawal of up to RM10,000 from their savings, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said today.
Earlier, Ismail Sabri had announced that the Malaysian government had agreed to allow this special withdrawal of RM10,000 from EPF funds, following requests from some and amid findings that Malaysians had lost their income and were still rebuilding their lives in the post-pandemic recovery phase. On December 28 last year, the EPF said the RM101 billion withdrawals by members from 2020 had resulted in 6.1 million of such contributors having less than RM10,000 left in their EPF savings, including 3.6 million who have less than RM1,000 in their EPF accounts.
Those who need it don't have 10K in their accounts to begin with. So not sure how this is going to help them!
I thought he said no earlier? Collective decision?
So is he resigning soon?