PUTRAJAYA: The government has decided to allow\u00a0Employees Provident Fund (EPF) contributors to make a special withdrawal of\u00a0RM10,000 to ease the burden of Keluarga Malaysia (The Malaysian Family) members who are still impacted by the COVID-19 pandemic.
\nPrime Minister\u00a0Datuk Seri Ismail Sabri Yaakob said although it was a difficult\u00a0decision to make, the government had to take this middle-of-the-road approach to strike a balance between contributors\u2019 current pressing needs and their savings for the future.
\n\u201cBased on findings of studies and comprehensive observation of the recovery phase of this pandemic, some among the Keluarga Malaysia are still impacted from the economic aspect, have lost their income and are still rebuilding their lives.
\nThe government listens to and studies requests from all quarters to withdraw their EPF contributions,\u201d he said in a special announcement over national television today.
\nHowever,\u00a0Ismail Sabri urged contributors to consider the matter carefully as the savings are meant for their retirement\u00a0and that they should only make\u00a0the withdrawal\u00a0if they are\u00a0hard-pressed.
\nThe prime minister said details on the special withdrawal would be announced by the Finance Ministry and EPF.<\/p>\n
The government had earlier allowed special EPF withdrawals under three schemes, namely i-Lestari, i-Sinar and\u00a0i-Citra\u00a0totalling\u00a0RM101 billion for the benefit of\u00a07.34 million contributors after the COVID-19 outbreak two years ago.
\nThese three\u00a0schemes are pre-retirement withdrawals introduced to help contributors cope with the impact of the pandemic during the Movement Control Order period.
\n— BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"
PUTRAJAYA: The government has decided to allow\u00a0Employees Provident Fund (EPF) contributors to make a special withdrawal of\u00a0RM10,000 to ease the burden of Keluarga Malaysia (The Malaysian Family) members who are still impacted by the COVID-19 pandemic. Prime Minister\u00a0Datuk Seri Ismail Sabri Yaakob said although it was a difficult\u00a0decision to make, the government had to take […]<\/p>\n","protected":false},"author":9,"featured_media":10782,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[39],"tags":[],"class_list":{"0":"post-10781","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-nation-news"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts\/10781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/comments?post=10781"}],"version-history":[{"count":1,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts\/10781\/revisions"}],"predecessor-version":[{"id":10783,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts\/10781\/revisions\/10783"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/media\/10782"}],"wp:attachment":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/media?parent=10781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/categories?post=10781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/tags?post=10781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}