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

17 Nov 2020, 1:21 pm

Updated a year ago


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...

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