EPF Account 3 plan will harm contributors after retirement: Group
This article is 3 months old
Putrajaya’s plan to introduce a flexible account for Employees’ Provident Fund (EPF) members to withdraw a part of their monthly contributions, dubbed Account 3, has received pushback.
In a statement today, the Social Protection Contributors Advisory Association Malaysia (SPCAAM) regarded the plan as “irresponsible” as it would affect EPF members when they retire.
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