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MOF: 6.3m EPF contributors under 55 have less than RM10k savings

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Insufficient savings in the Employees Provident Fund (EPF) is at a serious level, with 6.3 million members under the age of 55, or 48 percent, having less than RM10,000 in their accounts as of Sept 30, said the Finance Ministry.

The ministry said the figure rose from 4.7 million members (37 percent) recorded in April 2020, before the introduction of Covid-19-related special withdrawals.
Category
TV Saluran - TV Channel
Tags
Kinitv, Malaysia, politics
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