EPF: Covid-19 withdrawals compound issue of insufficient retirement savings

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EPF is concerned most members at risk of old-age poverty.

The Employees Provident Fund has expressed concern that the majority of its members are now at risk of falling into old-age poverty as Covid-19 related withdrawals have caused insufficient savings to live out a dignified retirement life.

EPF chairperson Ahmad Badri Mohd Zahir said this will not only be detrimental to individual livelihoods, the socio-economic landscape of the country and its fiscal health will also be challenging...

 

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Insufficient retirement savings? So wat u wanna do about it? Wif ur poor performance, who wans to put money inside? Better withdraw and invest in trust funds.. U wan more money? Increase ur dividends, ppl will flood u wif money..

Performance KWSP sendiri kelaut. Pencarum rugi besar Contoh, investment KWSP di Air Asia, Serba Dinamik, Kwasa Land dlll merupakan kerugian besar. Board of directors KWSP dan pengurusan KWSP harus bertanggungjawab. Sila letak jawatan segera!!!!

Why listen to the ex pm? The epf should work harder and smarter to generate more income to give 7 to 8 % devidend, and have to be fair to every contributor.

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