The Employees Provident Fund

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

The Employees Provident Fund (EPF) saw a total of 107,105 new member registrations in the first quarter (1Q 2024), bringing the total membership to 16.1 million.

The Employees Provident Fund (EPF) has received a total of 5.3 million applications worth RM40.1 billion under the Special Withdrawal facility as of 8 pm April 14.

The RM10,000 special withdrawal facility will not affect the Employees Provident Fund's (EPF) investment strategy this year, said chief executive officer Datuk Seri Amir Hamzah Azizan.

Applications for a special RM10,000 withdrawal facility from the Employees Provident Fund (EPF) is open to members below age 55 starting April 1, 2022.

The government has been urged to raise the maximum withdrawal for the Employees Provident Fund (EPF) i-Citra facility to RM10,000.

There are no conditions attached for i-Sinar withdrawal application and what is outlined are the criteria to ensure that the application matches the Employees Provident Fund's (EPF) internal data.

The Employees' Provident Fund (EPF), in response to media query, provided the following information on the i-Sinar withdrawal facility.

The confusion over the process of withdrawal from Account 1 of the Employees Provident Fund (EPF) under the i-Sinar programme is expected to be cleared next Wednesday (Dec 2).

The agreement to extend the withdrawal of the i-Sinar scheme from Account 1 of the Employees Provident Fund (EPF) to all members whose income is affected was not an easy decision.

Eligible members of the Employees Provident Fund (EPF) will be able to apply for the i-Sinar facility starting mid-December.

The Employees Provident Fund (EPF) expects the i-Sinar facility to benefit 2 million eligible members with an estimated advance amount of RM14 billion to be made available.

The Employees Provident Fund (EPF) will announce the details of access to the members' Account 1 facility, known as i-Sinar, on Nov 18, 2020 (Wednesday).

The government is willing to expand the eligibility of contributors for withdrawals from Account 1 of the Employees Provident Fund (EPF).

The Employees Provident Fund (EPF) today assured members that the issue of raising the withdrawal age has not been discussed with any party at this point in time.

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