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Further EPF withdrawals will burden younger generations in the future | Malaysia

KUALA LUMPUR, Dec 31 ― The Employees Provident Fund (EPF) was established in 1951 to help workers save for retirement. In supporting those affected by the Covid-19 pandemic and the movement control order, EPF had for the first time in 2020 allowed contributors to make special withdrawals under...
Kuala Lumpur Bantuan Khas Covid Lembaga Tabung Angkatan Tentera Bantuan Kehilangan Pendapatan Bantuan Prihatin Rakyat Bantuan Wang Ihsan

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EPF warns massive withdrawal will affect country's markets | Malaysia

KUALA LUMPUR, Dec 28 — The Employees Provident Fund has warned that any erosion of trust towards the agency might cause a massive withdrawal that will negatively impact capital markets in the country, after noting that more than RM270 billion in savings can be withdrawn at any time by its members...
Kuala Lumpur Miera Zulyana Provident Fund Employees Provident Fund Malaysia Floods Capital Markets

EPF warns massive withdrawal will affect country's markets | Daily Express Online

The Employees Provident Fund has warned that any erosion of trust towards the agency might cause a massive withdrawal that will negatively impact capital markets in the country, after noting that more than RM270 billion in savings can be withdrawn at any time by its members who have reached above age 55 or 60, or those who have more than RM1 million in their account
Kuala Lumpur Provident Fund Employees Provident Fund

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