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

  • 📰 malaymail
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

South Africa South Africa Latest News, South Africa South Africa Headlines