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EPF Account 3 | Scoop

EPF Account 3

EPF Account 3: RM12.6 bil transferred, RM8.9 bil withdrawn since launch in May

Finance Ministry says economic impact of withdrawals minimal, projected amount for this year is RM15 bil

Account 3 withdrawals have no bearing on EPF’s investment strategy, says CEO

Retirement fund’s chief Ahmad Zulqarnain Onn says withdrawals manageable, predictable

With low wages and rising living costs, EPF Account 3 a relief for young workers

Scoop interviews several young working adults on reasons why they chose to open or withdraw from their Flexible Account after its launch on May 11

EPF starts ‘virtual queue’ amid high traffic over Account 3

Users face wait times on desktops, with smoother process when using the app

System maintenance on day of EPF flexible account launch

Members can fully access system tomorrow

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