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EPF expresses concern over retirement security of Malaysians as pandemic empties savings

The EPF said in a statement today that while the fund is confident that the government’s various stimulus packages and initiatives will keep business sentiment strong and boost domestic demand, it is very concerned about the retirement security of the people, especially with 46% of EPF members below the age of 55 having less than RM10,000 in their accounts

EPF’s 1H investment income rises 25% to RM34.05b

CEO Datuk Seri Amir Hamzah Azizan said the EPF delivered a resilient performance in 1H21, driven by the progressive recovery of equity markets and most asset classes amid the global rebound