EPF: Full withdrawal at age 55 remains

BernamaPublished: Jun 26, 2020 3:51 PM | Updated: Jun 27, 2020 1:42 AM

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.

The EPF, however, said it has taken note of the World Bank’s suggestion to gradually raise the age when members can make a full withdrawal of Accounts One and Two of their EPF retirement savings from 55 to 65.

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