(Reuters) - Portugal’s Cristiano Ronaldo launched his YouTube channel on Wednesday and hundreds of thousands of subscribers signed up within a couple of hours.
A TOTAL of RM6.98bil has been withdrawn from the Employees Provident Fund Account 3 by members below 55 years of age, the Dewan Rakyat was told.
It also said that as of June 10, a total of RM10.86bil was transferred as an initial amount into Account 3, or the Flexible Account, which involved 3.45 million members. Sim had asked the ministry to state the total percentage of EPF members that have done transfers to Account 3, the total amount of withdrawal and the impact of the withdrawal.
The ministry added that the restructuring of EPF accounts was carried out to ensure more sustainable financial well-being during retirement while balancing the current needs of the members.
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