35% of EPF members at age 54 have below RM10,000 in savings, Dewan Rakyat told | TheStarTV.com

35% of EPF members at age 54 have below RM10,000 in savings, Dewan Rakyat told

Published on 29 Nov 2023 4:18:16 PM

As of January, 94,827 or about 35% of the 274,715 Employees Provident Fund (EPF) members aged 54 have less than RM10,000 in their savings.

Meanwhile, 4,877 or approximately 2% of EPF members of that age have more than RM1mil in their respective accounts, the Dewan Rakyat was told on Wednesday (Nov 29).

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Keywords
epf, members, savings, dewan rakyat, deputy finance minister, steven sim, flexible account, parliament

As of January, 94,827 or about 35% of the 274,715 Employees Provident Fund (EPF) members aged 54 have less than RM10,000 in their savings.

Meanwhile, 4,877 or approximately 2% of EPF members of that age have more than RM1mil in their respective accounts, the Dewan Rakyat was told on Wednesday (Nov 29).

Read more at http://rb.gy/li6ysz

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
epf, members, savings, dewan rakyat, deputy finance minister, steven sim, flexible account, parliament

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