NEWS

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

17 Nov 2020, 1:21 pm

Updated a year 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...

Already Subscribed? Sign In
All Access Plan
from ~RM12 / month
Unlimited access to our articles
Comment on all our stories
Gift articles to your friends
Secure and Encrypted
Student or Senior Citizen? Get a special rateGroup / Institutional / Corporate Plans