News about EPF

KUALA LUMPUR (Dec 6): The Employees Provident Fund (EPF) will temporarily close its Johor Bahru office and counters until further notice after an employee tested positive for Covid-19.

KUALA LUMPUR (Dec 2): The Employees Provident Fund (EPF) now allows contributors with Account 1 savings of not more than RM100,000 to withdraw up to RM10,000 under its expanded i-Sinar facility, with the payments to be staggered over a maximum period of six months.

KUALA LUMPUR (Nov 26): The Employees Provident Fund will be expanding its i-Sinar facility to include all who have had their income affected due the Covid-19 outbreak, according to the Ministry of Finance (MoF).

KUALA LUMPUR (Nov 18): The Employees Provident Fund (EPF) said it will take all necessary measures to ensure its liquidity remains strong and resilient given the aids scheme offered to its members and the permitted reduction on members’ contribution in the current trying times.

KUALA LUMPUR (Nov 17): The Employees Provident Fund (EPF) could increase the overall withdrawal limit in retirement savings to RM120,000 to help those who have been financially impacted by the Covid-19 pandemic, PKR MP Noor Amin Ahmad suggested today in a Malay Mail report.

KUALA LUMPUR (Nov 17): Plans are “being put forward” to inject more development on the Kwasa Damansara project site, The Star reported today.

KUALA LUMPUR (Nov 16): The Employees Provident Fund (EPF) has announced a scheme called i-Sinar, which will permit eligible members to take an advance from their respective Accounts 1.

KUALA LUMPUR (Nov 13): Reimposing a blanket loan payment moratorium in the country is not in the best interest of the economy, says Bank Negara Malaysia governor Datuk Nor Shamsiah Mohd Yunus (pictured).

KUALA LUMPUR (Oct 31): The Employees Provident Fund echoed Prime Minister Tan Sri Muhyiddin Yassin’s sentiment that EPF savings are for the future, and said that larger problems could arise in the future if its members are allowed to access their Account 1 savings to address the challenges they face due to Covid-19.

KUALA LUMPUR (Oct 21): The Employees Provident Fund (EPF) said today it will temporarily close all its offices and counters across Selangor, Kuala Lumpur (KL) and Labuan from tomorrow until further notice due to the enforcement of the conditional movement control order (CMCO) imposed by the government to curb the Covid-19 pandemic.