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Tag Archives: KWSP
RM120,000 good only for basic needs
The average worker in Malaysia would have an estimated RM120,000 in his savings with the Employee Provident Fund by the time he reaches 55. According to the deputy finance minister, Ahmad Husni Hanadzlah, this would give him a monthly return … Continue reading
Posted in General
Tagged basic needs, Employee Providence Fund, EPF, KWSP, retirement, savings, withdrawal
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EPF warns of new scam
There is a new scam in town, according to the Employees Provident Fund (EPF). Unlike past scams where members submitted forged documents to facilitate the approval of withdrawals for education, house and health, this new one involves real documents. A … Continue reading
Posted in General
Tagged Employee Providence Fund, EPF, fraud, fraudulent, KWSP, retirement, savings, syndicate, withdrawal
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