Malaysia

Poster claiming govt approves monthly EPF withdrawal fake: Fahmi

CEO told me matter still under study, says comms minister

Updated 9 months ago · Published on 09 Jul 2023 5:51PM

Poster claiming govt approves monthly EPF withdrawal fake: Fahmi
A poster that went viral on social media claiming that the government has agreed that Employees Provident Fund contributors who have reached the age of 55 can only withdraw their savings on a monthly basis, is not true, says Fahmi Fadzil. – Bernama pic, July 9, 2023

KUALA LUMPUR – A poster that went viral on social media claiming that the government has agreed that Employees Provident Fund (EPF) contributors who have reached the age of 55 can only withdraw their savings on a monthly basis, is not true.

Communications and Digital Minister Fahmi Fadzil said he had verified the information with EPF chief executive officer Datuk Seri Amir Hamzah and asked the EPF to provide a full explanation.

“As the minister in charge of communications, I sent the poster to Datuk Seri Amir Hamzah to check its authenticity.

“...(later) he replied to me saying that the matter is still in the study stage, and EPF had no intention of applying the policy to existing contributors at present,” he said at the state-level Kita Madani programme in Banting today.

He said that in this regard, the community must approach the Madani community, which has an important role to play in ensuring that matters are referred to the relevant authorities so that a full and clear statement can be made.

“The Madani community is the right platform to continuously provide people with up-to-date and authentic information on government policies and initiatives.

“Apart from this, the Madani community is also a platform to explain and fight issues, slander and the spread of fake news,” he said.

A total of 1,878 Madani communities, a multiracial volunteer body managed by the Information Department, has been established throughout the country. – Bernama, July 9, 2023

Related News

Malaysia / 6h

Economists laud introduction of third EPF account

Malaysia / 1w

Putrajaya scraps PJD link project

Business / 1mth

EPF commits RM250 mil to catalysing Malaysian mid-to-growth stage firms

Sports & Fitness / 1mth

Minister gives commitment to resolve KL City footballers’ arrears problem

Business / 1mth

Google’s ringgit doodle causes a fluster as govt rushes to fact-check and calm nerves

Malaysia / 1mth

Govt not telling Dewan Rakyat speaker what to do, says Fahmi

Spotlight

Malaysia

Chow wants to meet Guan Eng over ‘missed investment’ remarks

By Ian McIntyre

Malaysia

How will Sarawak's 'region' status benefit the poor, asks activist

By Stephen Then

Malaysia

Dr Mahathir's sons say they are not subject of MACC probe

Malaysia

Despite hikes, Penang water tariffs 'among lowest in country’

By Ian McIntyre

Malaysia

4-way fight for Kuala Kubu Baharu

By Noel Achariam

Malaysia

BN chief Zahid hopeful MCA will help campaign for KKB

You may be interested

Malaysia

Be a smart consumer to beat inflation

Malaysia

Water to irrigate padi fields to be used to generate electricity

By Desmond Davidson

Malaysia

Guan Eng welcomes Chow’s wooing of Chinese semiconductor firms

By Ian McIntyre

Malaysia

NUBE files second police report against minister Steven Sim

By Alfian Z.M. Tahir

Malaysia

Vincent Tan not in casino talks, says Berjaya Corp

Malaysia

How will Sarawak's 'region' status benefit the poor, asks activist

By Stephen Then

Malaysia

MIC tells Indian voters KKB polls not the time to show anger

Malaysia

KKB Raya open house isn’t campaigning, says Selangor MB