EPF reminds members of new minimum savings

Khairie Hisyam & KiniBiz

Modified 27 Dec 2013, 5:24 am

KINIBIZ With days left before the new year, the Employees Provident Fund (EPF) is reminding its members of its new minimum savings benchmark that requires members to have RM196,800 in their EPF accounts by age 55, which will take effect in January 2014.

Earlier this year, the retirement savings fund revised its basic savings levels to be in line with rising costs of living, increasing life expectancies for Malaysians as well as inflation.

Share this story

By posting a comment, you agree to our Terms & Conditions as stipulated in full here


Foul language, profanity, vulgarity, slanderous, personal attack, threatening, sexually-orientated comments or the use of any method of communication that may violate any law or create needless unpleasantness will not be tolerated. Antisocial behaviour such as "spamming" and "trolling" will be suspended. Violators run the risk of also being blocked permanently.


Please use the report feature that is available below each comment to flag offending comments for our moderators to take action. Do not take matters in your own hands to avoid unpleasant and unnecessary exchanges that may result in your own suspension or ban.