EPF to introduce Flexible Account on May 11 - CEO

The Employees Provident Fund’s (EPF) much-talked-about Account 3, known as Flexible Account, is optional for its 16.07 million members, said its chief executive officer Ahmad Zulqarnain Onn.

Flexible Account is a new account that provides flexibility for short-term financial needs, where savings in this account can be withdrawn at any time according to members’ needs.