More EPF withdrawals can result in retirements below poverty line - Zafrul

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

He reminds almost 50pct of members have less than RM10k in accounts.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Too much useless kings and poorliticunts

🖕🖕🖕

Tell this joker to retire , no capable joker

Without EPF withdrawal is already poverty too!!!!!!!!

I shall not and will not believe whatever you say.

Now itself already poverty line cause no work, why wait till old age to be poverty. Sure will not last if they cannot buy food to survive. Govt keeping rakyat EPF money for govt use. Pls give ppl money back to them

ey anne, u just menteri kewanyangan lesss 2 year how u know about our lifesomemore not elected by rakyat marhaen , derrr.

This is what people in Zimbabwean call musibat

How about you come up with more policies and regulations that increase minimum wage instead, so people have a fighting chance? Dick!

Ada lagi ka duit🤔

You should be in poverty

The Government should help them instead. Don’t let them gamble their retirement. Politicians will do anything for political expediency but the rakyat will have to pay the price eventually!

While that is true, I think your concern is more on EPF capital. Tone deaf, silver spoon type like you have no idea about welfare & hardship of commoners.

the worst poverty in this dunya is HEART - 🧠 hard-hearted

Really? I didn't know 🤔🤔🤔

tzafrul_aziz sy tidak bersama mereka menyokong cadangan ini, tapi mereka lebih tahu keadaan mereka. lagi pun pencarum kwsp bukannya bawah umur. Biarkan mereka putuskan hak mereka.

You mean now Poverty is decreasing?

More politicians allowed to escape prosecution in billions of corruption cases will result in all M’sians falling below poverty line

No shit sherlock

Now can't survive, how u talk about retirement?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Additional EPF withdrawals can cause retirement below poverty line, says Finance MinisterKOTA BHARU: More Employees Provident Fund (EPF) members will retire below the Income Poverty Line level if the government allows additional withdrawals of their savings, says Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. Dear minister, If you're not willing to let us use our own money, then allocate sufficient government money to help us survive the day. THE PRESENT DAY. Sincerely, The Surviving Rakyat. If Rakyat have no food today, die also, lagi lah no future A way to help rakyat is to ensure good governance, a competent, accountable and transparent Executive and Administrative - that promotes a meritocratic economy and encourages high value added FDIs.
Source: staronline - 🏆 4. / 75 Read more »

Let's think carefully about early EPF withdrawals | New Straits TimesEmployees employed under contracts of service or apprenticeships, including citizens and permanent residents, are required by law to contribute to EPF up to the retirement age of 60.
Source: NST_Online - 🏆 17. / 53 Read more »

Additional EPF withdrawals can cause retirement below poverty line, says Finance MinisterKOTA BHARU: More Employees Provident Fund (EPF) members will retire below the Income Poverty Line level if the government allows additional withdrawals of their savings, says Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. Dear minister, If you're not willing to let us use our own money, then allocate sufficient government money to help us survive the day. THE PRESENT DAY. Sincerely, The Surviving Rakyat. If Rakyat have no food today, die also, lagi lah no future A way to help rakyat is to ensure good governance, a competent, accountable and transparent Executive and Administrative - that promotes a meritocratic economy and encourages high value added FDIs.
Source: staronline - 🏆 4. / 75 Read more »

Let's think carefully about early EPF withdrawals | New Straits TimesEmployees employed under contracts of service or apprenticeships, including citizens and permanent residents, are required by law to contribute to EPF up to the retirement age of 60.
Source: NST_Online - 🏆 17. / 53 Read more »

Ramai bersara miskin kalau keluar lagi simpanan KWSP, kata Zafrul | The Malaysian InsightTengku Zafrul berkata ketika ini hampir separuh ahli mempunyai simpanan kurang daripada RM10,000. Alasan murahan jer tu tzafrul_aziz skrg ni ramai rakyat terdesak, bg jer lah... Ko susah apa, x kacau periuk nasi ko kan.. yg Xnk kasi keluar 10k tu xda paksaan juga kan.. kesian yg kesempitan skrg ni.. janji oneoff boleh selesai everything.. boleh rancang apa yg patut.. Cara cakap mcm KWSP tak nak bg dividen lg dah kalau ada pengeluaran i citra last ni..
Source: msianinsight - 🏆 8. / 63 Read more »

Save early and invest prudently for a comfortable retirement | New Straits TimesThis puts them at risk of living below the poverty line when they retire. Moreover, gross domestic savings dropped to 26.12 per cent (share of gross domestic product) in 2020 — the lowest since 1975.
Source: NST_Online - 🏆 17. / 53 Read more »