17/11/2021
Something to ponder upon.
The Ministry of Finance (M*F) today said that there are 3.6 million Employees Provident Fund (EPF) contributors who only have less than RM1,000 in their accounts.
In a parliamentary written reply to Pandan MP Datuk Seri Dr Wan Azizah Wan Ismail today, M*F said that based on the assessment as of September 30, contributors had been withdrawing some RM101 billion through i-Lestari, i-Sinar and i-Citra programmes which were set up by the government during the Covid-19 pandemic.
βSome 6.1 million members have less than RM10,000 in their accounts.
βFrom that number, 3.6 million contributors have less than RM1,000,β said the reply.
*F