Epf More Than Three Million Contributors Yet To Rebuild Their Savings After Special Withdrawals



About 3.1 million contributors who made withdrawals via the four withdrawal schemes of the Employees’ Provident Fund (EPF) have not been able to rebuild their respective savings, revealed EPF.
(MMO) – EPF said that the amount is equivalent to 39 per cent of the total of 8.1 million EPF members who make withdrawals with their current savings rate is only around RM890, Utusan Malaysia reported.
Of the 8.1 million members making withdrawals, EPF said that 0.3 million (four per cent) have reached the age of 55 and above, which qualifies them to make full withdrawals of all their savings.
A total of 4.6 million contributors or 59 per cent have started to rebuild their savings with net savings growth amounting to RM26.1 billion within eight months of making withdrawals.
However, EPF said that the percentage of its members who will reach a basic savings amount of RM240,000 at the age of 55 dropped drastically, from 36 per cent in 2020 to only 29 per cent at the end of 2022.
Universiti Keusahawanan Koperasi Malaysia (UKKM) senior lecturer Prof. Associate Dr Abu Sofian Yaacob said that the figure shows that almost five million EPF members are able to rebuild their savings but many are still struggling to make contributions after a year of making withdrawals.
Abu Sofian said this situation makes the insistence on special withdrawal for the fifth time impractical, on the contrary, he added that it will only worsen the situation especially for EPF members who are significantly short of money in their respective savings.
“Those who previously took out savings could only make monthly contributions at a small rate. They also may not have a regular income, job and were laid off or just gotten into a new job.
“For them, the effort to rebuild the savings will be quite difficult and will take a long time,” he was quoted as saying.
Read more here


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

https://www.malaysia-today.net/2023/05/19/epf-more-than-three-million-contributors-yet-to-rebuild-their-savings-after-special-withdrawals/

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Why Are Whirlpool Baths Much More Popular Today Their Real Benefits

Why Are Whirlpool Baths Much More Popular Today Their Real Benefits

papar berkaitan - pada 16/5/2023 - jumlah : 330 hits
When it comes to all things new and popular in Swindon there s one bathroom element that is indeed making waves among homeowners and you d be surprised to know that the latest design and style The post appeared first on
In Johor Yet Another Couple Nabbed After Video Of Alleged Indecent Act In Car Made Viral

In Johor Yet Another Couple Nabbed After Video Of Alleged Indecent Act In Car Made Viral

papar berkaitan - pada 25/5/2023 - jumlah : 504 hits
A police team from the Pasir Gudang police station arrested the couple who were caught in a compromising position in a car for violating decency in a public place after a video of their foray made its rounds on Facebook Picture by Ahmad Zam...
No More Epf Withdrawal Says Anwar Again

No More Epf Withdrawal Says Anwar Again

papar berkaitan - pada 8/5/2023 - jumlah : 881 hits
NSTP file picSUNGAI BULOH Prime Minister Datuk Seri Anwar Ibrahim today reiterated his decision to not allow another Employee Provident Fund withdrawal for the people Anwar said even though the withdrawals were not considered a popular deci...
Macc Chief Hods In Govt Agencies Disregarded More Than 500 Reports

Macc Chief Hods In Govt Agencies Disregarded More Than 500 Reports

papar berkaitan - pada 10/5/2023 - jumlah : 188 hits
More than 500 misconduct reports are gathering dust because some government agencies are not acting on them according to MACC chief commissioner Azam Baki This is despite the commission recommending that the agencies address the issues In a...
After 5 Years China S Complicity In 1mdb Still Unresolved

After 5 Years China S Complicity In 1mdb Still Unresolved

papar berkaitan - pada 19/5/2023 - jumlah : 204 hits
Despite considerable evidence that China was complicit with both Najib Abdul Razak and fugitive businessperson Low Taek Jho over deals to bail out 1MDB through nefarious schemes the government has been silent about developments in the area ...
Orang Asli Community Living In Fear After Spotting Tiger Footprints

Orang Asli Community Living In Fear After Spotting Tiger Footprints

papar berkaitan - pada 20/5/2023 - jumlah : 226 hits
The Orang Asli Bateq community in Kampung Aring 5 Gua Musang claim tigers have been roaming in their village the past week Resident Ayob Abdul Razak 35 said a few of them came across tiger footprints near a river located about 3km from the ...
Caring For Teeth After Dental Surgery

Caring For Teeth After Dental Surgery

papar berkaitan - pada 18/5/2023 - jumlah : 157 hits
Undergoing dental surgery is a significant event that requires proper aftercare to ensure a smooth and speedy recovery After the procedure it is essential to take care of your teeth and mouth to avoid complications that could lead to infect...
Montana Becomes First State To Ban Tiktok After Governor Signs Bill Into Law

Montana Becomes First State To Ban Tiktok After Governor Signs Bill Into Law

papar berkaitan - pada 18/5/2023 - jumlah : 223 hits
Montana officially became on Wednesday after Gov Greg Gianforte signed a bill restricting downloads of the immensely popular social media app into law The legislation which was passed last month makes it illegal for app stores to give users...
Dating After Divorce Dipping The Toe Back In The Dating Pool

Dating After Divorce Dipping The Toe Back In The Dating Pool

papar berkaitan - pada 16/5/2023 - jumlah : 223 hits
Either you have actually this pal or you tend to be this buddy every time the main topic of internet dating appears That buddy releases into a rant precisely how a lot they dislike dating That buddy is actually fed up with playing games Tha...
Massive Gas Pipeline Fire In Putra Heights Says Fire Dept

Siti Kasim To Madani Gov T Patriotism Will Get Us Nowhere If Our Education Is In Shambles

Queen Hosts Hari Raya Reception For Utm International Students

Lirik Lagu Enigma Bob Yusof

Kebakaran Paip Gas 112 Mangsa Cedera 49 Rumah Terjejas

Kejadian Kebakaran Pipeline Gas Di Petaling Usaha Menyelamat Masih Berjalan

Akim The Majistret Gasoline Chord

Building An Online Marketing Plan


echo '';
Info Dan Sinopsis Drama Berepisod Dendam Seorang Madu Slot Tiara Astro Prima

10 Fakta Biodata Amira Othman Yang Digosip Dengan Fattah Amin Penyanyi Lagu Bila Nak Kahwin

5 Tips Macam Mana Nak Ajak Orang Kita Suka Dating Dengan Kita

Info Dan Sinopsis Drama Berepisod Keluarga Itu Slot Lestary TV3

Bolehkah Manusia Transgender Mencapai Klimaks Selepas Bertukar


Berdentum Gegaran Disangka Pesawat Terhempas Mangsa Kebakaran

How To Make Japanese Mayonnaise

Hiburan Mangsa Terjejas Akibat Kebakaran Di Putra Height Akan Terima Bantuan Rm2500 Hingga Rm5000 Pmx

Akui Penat Dengan Running Man Sebelum Ini Ji Yeeun Dedah Banyak Terima Mesej Cacian

Sanusi Kata Kepala Bapak Hang Tu Pujian Tuan Tuan Bukan Makian

Ibu Terjun Ke Laut Bersama 2 Anak Di Sabah Anak Lelaki 5 Tahun Tenggelam Anak Perempuan 6 Tahun Masih Hilang