Remove conditions on Account 1 withdrawal, Zahid urges EPF

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Remove conditions on Account 1 withdrawal, Zahid urges EPF
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Umno president says the pension fund should make it easier for contributors to withdraw their funds. FMTNews EPF Account1 Contributors

The EPF has announced the criteria for two categories of members to make withdrawals from Account 1.

He said at a time when the people were badly affected by the Covid-19 crisis, it was only appropriate for EPF to facilitate withdrawals and be sensitive to the needs of their members. Ahmad Zahid said Barisan Nasional and Umno MPs had been firm in championing the issues of withdrawal from Account 1 raised by the people.Category I comprising workers in the formal sector; self-employed; workers in the informal economy; members who have not contributed for a long time; who have lost their jobs; housewives or members given notice of unpaid leave.

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