NEWS

Najib to EPF: Prioritise helping ‘drowning’ members, not investments

17 Nov 2020, 1:21 pm

Updated a month ago

A
+
A
-

Pekan MP Najib Abdul Razak has insisted that the Employees Provident Fund (EPF) allow lump-sum withdrawals to help contributors weather the Covid-19-stricken economy.

This comes as the fund is reportedly planning to enhance its asset liquidation plan in preparation for a potential RM45 billion in withdrawals.

The move is also slated to impact its 2020 dividend rate as well as...

All Access Plan
starting from

~RM12

per month
Subscribe Now
You can cancel anytime.
Get unlimited access to our articles on web and apps
Add comments to our articles
Bookmark articles to read later
We accept
Student or Senior Citizen? Get a special rateGroup / Institutional / Corporate Plans
Already Subscribed?
Sign In

View Comments (0)