BFM Podcast
The EPF Debate: Balancing Economic Growth and Social Security
10-May-23 14:00
Ng Sze Fung, Research Officer, REFSA
There have been quite a bit of news lately surrounding EPF. Last week, Prime Minister Datuk Seri Anwar Ibrahim said the Cabinet would discuss a proposal to raise employers' contribution to 20% on their respective employees' EPF accounts. A couple of days ago, the PM called for the EPF to aim for the retirement fund to shift its investment portfolio to comprise 70% of domestic investments by year-end. We unpack this with Ng Sze Fung, Research Officer, REFSA.
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