EPF: Don't touch your Account 1 savings, says CEO

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PETALING JAYA: The Employees Provident Fund advised its members' against withdrawing savings from Account 1 to address the challenges brought on by Covid-19.

Echoing Prime Minister Tan Sri Muhyiddin Yassin's advice, the EPF said touching retirement savings in Account 1 could cause larger problems for contributors in the future.

He added that the pandemic has impacted the lives of Malaysians, saying that some have even lost jobs and sources of income. Alizakri said that allowing members to withdraw from Account 1 could damage their future well-being and advised members to approach EPF's Retirement Advisory Service officers to help plan their finances as they deal with current challenges.

Alizakri said that this includes Prihatin, Prihatin SME+, Penjana and Kita Prihatin and added that this amounts to to RM55 billion for the B40 and M40 as well as other target groups and the newly vulnerable.

 

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Salary ceo brp? Saya pernah kene retrenched, serabai kepala pikir nak buat mcm mana time2 covid ni, hurmmm

These are desperate times. Serious consideration shd be given for emergency withdrawal. Bukan sekadar ckp NO. Guna akal tu pls sbb out of desperation people are resorting to borrowing from AhLong which is not a good sign. It doesnt hv to be 10k but some amt is better than nothing

Butohla ceo

Ada ke masa depan kalau tak boleh hidup hari ini?

Cos i need it more than the rakyat

we need money now to place food on the table..EPF account 1 is our money too...

Probably nothing left. EPF dah habis kan duit Rakyat

Btw if no food to feed family now there is no future to speak of.. 🙄 rich ppl really shouldn't pretend they understand when clearly priorities differ..

Yg saya takut ni - mungkin duit EPF kita semua dah 'hilang' sebab tu mamat ni takut kalo semua diberi peluang withdraw. Tengok2 tak ada pun duit tu... 🤔

Why not government sack you frm yr position because you don't come up with solutions.. You just present what hv been presented Today is their day..one day it will be yr day.. Don't worry Allah is GREAT. It easy to say because you are not in their shoes..

Words from those who never emphatic on difficulty of others. Future is thr when ppl can survive today. Kata2 dr manusia yg tak pernah faham kesusahan org lain. Masa depan cuma akan ada selepas melalui hidup hari ini.

duit songlap 1MDB SRC FGV Felda mana?

Since keje sendiri ni dah lebih 10 tahun tak contribute EPF. Akaun 2 pulak dah habis bantu bayar operate jantung Abang. So kalau ade option utk withdraw Akaun 1, ianya sgt2 membantu. Oh and it’s my money. Not the government.

This bloke was born with a silver spoon in his mouth. Has a good job with a fat cheque. Does he know the plight of persons who have lost their jobs/businesses during the last 9 mths? Has he ever experienced hvg nothing in the bank acct? Kepala butoh dia lah.

...says CEO. Lol. Yeah Ok, you rich motherfucker. 😏

Apahal dont touch plak. Tu duit kami, hasil usaha kami. Luar sana dh rmi yg hilang pencarian, makan bercatu. Nk tgu diorang mati br ko nk bg duit tu

Yeah, don’t touch account one. But the crook and cronies in gomen can take the epf money shamelessly. Elo pakcik, org tgh susah kot. Tau tak ada org sanggup jual buah pinggang sbb beban hutang dan hilang pekerjaan.

Yes and it only applies on normal circumstances. The purpose is to use them in the event of emergencies which is now.

Semua dah nampak bayang2 nak dapat 10k.. asyukkkkkk

10% pada yg hilang pekerjaan 5% utk yg masih bekerja okay dah tuh...jgn pikir lama2 nnti makin botak kepala

Why not allowed holder to withdraw the interest this year? Pay the interest earlier....

As CEO, its ur job to get higher profit and give higher dividen With higher dividen, the ppl can use it as their additional income

Thats my money. I should be allow to touch it. You are the one i appoint to keep it safe. How about you dont talk about whats mine.

KWSPMalaysia CEO is busy looking at B-A-U, EPF's exposures & commitments. What's the point for a 40 or 50 something keeps all EPF money but no job. There are at least 4 product line that we can develop for the goodness of all: EPF, Businesses, Banks & contributors tokmatn9

1. It's our hard earn money 2. It's RM10k not all of it 3. What future? If now already no money for food, for rent, doctor fees & utilities, plus paying back bank loans you expect there will still be a future?

Takot bonus org kwsp berkurang ker....sesungguhnya kami tgh susah dan ingin mengambil hak kami sendiri shj😏

Why talk about future like there is one?

When you get CEO who comes from rich family When you get MOF who comes from lagi richer family And a lame duck PM who thinks darurat was good Woiii fuckers!!! This is NOT ordinary times lah cibai. Kau faham ke tak orang punya susah?! Come up with a formula to wdraw from ac1!!🤬

Bisss please STFU it's my money my choice...i have many things to pays .u don't sit at our chair 💺..

its not his fuckin decision innit

Why not? It's our fucking money. Not yours 'CEO'.

So biar org yg mencarum tu mampoh tok make? Bercera bera sebab takdo pitih? Demo sene lah ghoyak. Pitih ado seguni lagi dlm bank

yeah.. let people save for future.. but be bancrupt now.. good thinking

That is our own money, moron.

Only RM10K or any reasonable percentage of acc 1 of EPF, whichever is higher. I think do not rule out completely

hayati Kerajaan PeNipu

What the purpose of account 1?

Belanjawan nanti jngn luluskan saja. Nak bayar gaji buta 70+ menteri, tapi rakyat ramai dh rakda kerja. Kurangkan kabinet dlu, dn sediakan insensif unemployment mcm di Jepun bagi mereka yng kehilangan kerja. Biar juta2 tu guna untuk rakyat dn bukannya menteri takda kerja.

Say what you want, if the backdoor government says otherwise people will do it. Sorry, but the current government does not concern every aspects like that.

How did he become CEO? Everybody who can withdraw frm account 1 WILL withdraw cos govt now is not the govt we chose

Any better suggestions ?

That’s why many2 economists, politicians, others have advised the govt to provide stimulus to SMEs & businesses so that they can continue to provide jobs to the people.

if for future this is the future now why we need to use the money to ease our burden

No thanks to Zafrul.

Our moneyyyyyy

So please tell us Dear CEO where do we get the money from to put food on the table for our family?

Pls declare the funds available in the acc 1. Just for assurance. We don’t trust the gov. We worry that they have dipped their hands into it.

They only coffer left for the gov to bargain for more projects. Epf money. Once its empty, gov will be helpless.

We are saving for a rainy day. Been having heavy rain for the last 7 months...

sembang macam duit sendiri

Pecat Dia budak penyusah rakyat

then allow us to withdraw more on our account 2. why so hard... we need support and that is from our own money.

Wow dont touch...duit epf ni sapa yg carum?

Easy for you to say. You have your job and salary. You don't understand the hardship of the people who are unemployed and have to put food on the table.

CEOs definitely not in need of any monetary help , not us mate . We need every single cent we can get from anywhere possible

Let’s start a Rakyaat petition to remove this TuanCEO that has no respect to the Rakyaat 👍👍👍

Another clear failure of PM8 Government... TuanCEO. Please know your place when addressing your Shareholders Rakyaat Malaysia. period

Ke sebenarnya on paper je duit yg sbnrnya xde 😜

Saving for what.. For ours future. Now people suffering there needs some money to move on in crisis covid19 and economic not stability for now. Not all amount in acc no 1 can disburse just little big only and just one-off payment max 10k only and depend to pencarum lor

Desperate times call for desperate measures. Quit if you cant understand.

isu dia sekarang nih duit tuee ada dak? kaa atas kertas jer nampak ada

Yes.under normal circumstances. But under Covid what do you do when many employed becomes unemployed n has to put food on d table for his family. Many in B40 category are facing dis predicament. Better to manage Account 1 withdrawals in a phased manner with min/max thresholds.🙏

Bising pulak hanat ni!

Why? Its not your money

Do exactly opposite of what he suggests.

Adakah beliau berjaya mengalahkan benchmark pencapaian kwsp masa zaman DSN dahulu? Kalau masih tidak berjaya... Tolong Jangan sembang kasi bimbang DSN pemegang history pencapaian ckp cap 10k kalau nk sgt.

Then jangan bagi keluar akaun 1 untuk pelaburan unit amanah...berapa persen yang untung dari pelaburan unit amanah dari akaun 1 kwsp tu?

So duit tu ada or tiada? Bayang2 shj? 10k bukan masalah pun

Bg je la x lebih 50% dr baki sedia ada. Atau RM10K max.

Do you think people’s are stupid !!!

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