Carian mengenai topik account-1

According to EPF, the incentive was allocated to individuals with EPF savings of RM10,000 and below in their Account 1 as of Feb 24, 2023.

The consideration on not to allow the withdrawal of RM10,000 from the EPF account 1 to be used by the people facing the COVID-19 endemic is not a matter of whether the government can afford it.

Amir Hamzah said if the amount in Account 2 is inadequate, then we will allow depositors to access Account 1.

"We find that many members' savings have decreased, we believe about 30 per cent of them have withdrawn almost all of their retirement money in Account 1."

EPF said the approval includes new applications received after that date, subject to their available Account 1 balance.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz today urged Employees Provident Fund (EPF) contributors to beware of scam activities and always protect their personal information.

The Employees' Provident Fund (EPF), in response to media query, provided the following information on the i-Sinar withdrawal facility.

The confusion over the process of withdrawal from Account 1 of the Employees Provident Fund (EPF) under the i-Sinar programme is expected to be cleared next Wednesday (Dec 2).

The agreement to extend the withdrawal of the i-Sinar scheme from Account 1 of the Employees Provident Fund (EPF) to all members whose income is affected was not an easy decision.

Under the i-Sinar programme, eligible EPF members can apply for an advance payment from their Account 1 starting next month.

Replenishing Account 1 would be a good measure once the individuals have recovered their earning ability and resume their EPF contribution.

The Employees Provident Fund (EPF) expects the i-Sinar facility to benefit 2 million eligible members with an estimated advance amount of RM14 billion to be made available.

The Employees Provident Fund (EPF) will announce the details of access to the members' Account 1 facility, known as i-Sinar, on Nov 18, 2020 (Wednesday).

The government is willing to expand the eligibility of contributors for withdrawals from Account 1 of the Employees Provident Fund (EPF).

Tengku Datuk Seri Zafrul has advised the EPF management to allow more contributors to allow more contributors to withdraw from Account 1.

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