Only the top 20 per cent of members aged below 55 saw an increase in savings, but this translates to a median of RM152,043, or equivalent to just RM633 per month for 20 years.
EPF members are allowed to withdraw a maximum amount of RM10,000 and a minimum of RM50. They have to withdraw from the savings balance in their Account 2 before accessing the savings in Account 1. EPF mmembers can mafe the withdrawal at https://pengeluarankhas.kwsp.gov.my/ through the i-Account starting 1 April.
Each member can withdraw between a minimum of RM50 to a maximum of RM10,000, depending on the amount that is available in your EPF savings. You are also required to maintain a minium balance of RM100 in your Akaun 1 after the withdrawal, in order to keep your status as an EPF member.
The Employees Provident Fund (EPF) has announced that all contributors below the age of 55 years old may start applying for the special RM10,000 withdrawal facility. The application starts from 1 April 2022 to 30 April 2022, while members will begin receiving payment from 20 April 2022.
Pengeluaran khas KWSP boleh dibuat mulai 1 April 2022. KUALA LUMPUR โ The government has finally agreed to allow the RM10,000 Employees Provident Fund (EPF) withdrawal. Details on the terms and condition of the special EPF withdrawal will be announced by the Ministry of Finance (MOF) and the EPF, said Prime Minister Datuk Seri Ismail Sabri.
Share. (NST) โ The government has agreed to allow a special withdrawal by contributors from their Employees Provident Fund (EPF). Prime Minister Datuk Seri Ismail Sabri Yaakob, at a special press conference today, said the amount was set at RM10,000. He said details on the withdrawal would be announced by the Finance Ministry and EPF soon.
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