Account 1 withdrawal: EPF chief vows not to make reckless decision
KiniTV
KiniTV
  • 3 years ago
EPF has not decided on allowing contributors to withdraw funds from Account 1 and is still discussing this proposal with the Finance Ministry.

Its CEO Tunku Alizakri Alias said EPF would not mortgage the future of its members by making reckless decisions or be influenced on this issue.

Tunku Alizakri also revealed that based on EPF statistics, a total of 43 percent or 5.38 million members under the age of 55 have savings of less than RM10,000 in Account 1.
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