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SHAH ALAM: The Employees Provident Fund (EPF) withdrawals, amounting to RM145.5bil since 2020, are larger than the individual gross domestic product (GDP) of some 100 countries, says Datuk Seri Amir Hamzah Azizan.
SHAH ALAM: About 81% of active Employees Provident Fund members in the formal sector are earning a monthly salary of RM5,000 or less and this, the EPF says, is a reason for the inadequate retirement savings.
THE Employees Provident Fund (EPF) Board announced a dividend rate of 5.35% for conventional savings with a total payout of RM45.44bil, and 4.75% for syariah savings with a total payout of RM5.7bil – bringing the total payout amount for 2022 to RM51.14bil.
KUALA LUMPUR (Bernama): The Employees Provident Fund (EPF) will close its offices and service counters nationwide from June 1-14 in line with the implementation of the first phase of a total lockdown during the period.