EPF

The plan allows EPF members to withdraw funds from their Akaun Sejahtera to purchase life insurance and critical illness coverage under.

The victim realises she has been deceived when she cannot withdraw the promised returns and is instead asked to pay an extra withdrawal tax.

The proposed legislation will be tabled by the Human Resources Ministry (KESUMA) in the current session of the Dewan Rakyat.

The current Dewan Rakyat session will sit for 35 days, concluding on Dec 12.

Any decision will probably be announced when PM winds up the debate on the budget for the Ministry of Finance later, says Fahmi Fadzil.

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).

Ahead of the tabling of #Belanjawan2025, how well have the social security measures from #Belanjawan2024 protected Malaysians from economic vulnerability? Have they truly delivered, or is there a need for more targeted reforms? Tonight on #ConsiderThis, Melisa Idris speaks with Professor Datuk Norma Mansor, Director of Universiti Malaya’s Social Wellbeing Research Centre, and Balqais Yusoff, Head of the Policy and Strategy Department at EPF.

In a statement, EPF said will continue to enforce and monitor compliance to ensure that all outstanding amounts are paid in full.

Tan Sri Mohd Zuki Ali will be taking over from Tan Sri Ahmad Badri Mohd Zahir, who has held the post since May 1, 2020, EPF said.

The EPF said the distributable income does not include mark-to-market gains of securities that have not been realised.

The transfer to Retirement Account increased members' savings, with the addition of 43,000 new members having reached basic savings level.

Wan Ahmad Fayhsal's Dewan Rakyat suspension follows his reference to an anonymous letter about alleged mastermind behind takeover of MAHB.

According to the Ministry of Finance, a total of RM5.12 billion has been transferred to the Retirement Account.

These withdrawals can be accommodated by EPF's current cash balance, net cash inflows from contributions, maturities and investment income.

The EPF's overall investment assets stand at RM1.2 trillion, so these withdrawals are actually manageable, says CEO Ahmad Zulqarnain Onn.

The guardians collect, trade and plant hundreds of seeds to preserve forgotten varieties of tomatoes, corn and other vegetables.

Mobile phones have become indispensable, yet their impact on road safety remains insufficiently examined.

ASEAN is stepping up to create a more secure regional cyberspace.

Putting meat on people's plates is a significant contributor to global warming.

Some delegates gave the deal a standing ovation in the COP29 plenary hall. Others lambasted wealthy nations for not doing more.

She said the state government must have valid reasons for the proposal but declined to elaborate further.

The kingdom has witnessed some of the biggest peaceful rallies across the region as anti-Israel sentiment runs high over the war in Gaza.

Over 3,600 people have been killed by Israeli attacks in Lebanon so far.

Scientists say it remains unclear how much climate change is reshaping the storm season.

The material provides new insight into the moon's geological history including the oldest evidence to date of lunar volcanism.