Allow contributors final EPF withdrawal, says MP | Malay Mail

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Allow contributors final EPF withdrawal, says MP

KUALA LUMPUR, March 1 ― A Member of Parliament today suggested that the government allow Employees Provident Fund contributors to withdraw their savings for the last time.

Therefore, Mohd Salim said it was time for the government to look into the matter, including in providing targeted EPF withdrawal facility, depending on the contributors’ savings. Hasan opined that the government should conduct regular monitoring and inspections, especially in rural areas to ensure that traders did not increase the price of items when the people received their financial assistance.Xavier said the suggestion was timely to help accelerate the country’s economic recovery, adding that the government was responsible for helping Keluarga Malaysia, especially the B40 group.

 

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