MTUC slams Muhyiddin's EPF announcement

Umbrella trade union body MTUC has lambasted the move by Prime Minister Muhyiddin Yassin to allow EPF contributors to withdraw up to RM500 a month from Account 2 for the next 12 months beginning April 1.

"The announcement came as a shock to us as the move will deplete their long-term savings," said MTUC secretary-general J Solomon (photo).