Posted by The_JQuestion > 2022-03-25 23:38 | Report Abuse

exactly waiting for it to happen next month dont think market can hold 1600

Posted by gohkimhock > 2022-03-26 00:57 | Report Abuse

After 3 massive withdrawals, not many people are able to make more withdrawal now..

Posted by AlsvinChangan > 2022-03-26 09:59 | Report Abuse

Use own money while they still have few thousands left better than Govt feed them

Let the next Govt solves the problems created from NEP era

Posted by Tobby > 2022-03-26 11:16 | Report Abuse

Actually after 100 billion taken out from previous withdrawals, i doubt there are massive EPF members who still can draw 10k! Probably few millions still have some money left!
But the impact is severe for members! You are looking at vast majority of EPF members retiring poor!

Posted by stockraider > 2022-03-27 11:29 | Report Abuse

Higher withdrawl means better profit for remaining epf members mah!

Reasons for this:

1. early withdrawl means some premature forfeiture of returns on those who took out their money.
2. Epf has smaller means less pressure on continue searching for investment due to continue growth in size that lead to marginal return, thus epf can focus on more quality investment .
3. People who has small amount say Rm 1k to Rm 50k in the epf....does not have much impact to their retirement....thus it much better to allow them to try their luck by allowing to withdraw....maybe to buy a motor cycle or car to be say grab drivers so that can have better life loh!

Posted by boonwei98 > 2022-03-27 11:55 | Report Abuse

Tiered EPF will be the election promised in GE 15

Posted by AlsvinChangan > 2022-03-27 12:23 | Report Abuse

BUT EPF have monthly deduction contributions of over 80Billion

SHOULD be able to cover puny 10k withdrawals

Posted by Sslee > 2022-03-27 13:09 | Report Abuse

Stockraider,
Long time no see, how are you?
Your superman Jalil already part with Bjcorp so how you see the future of Bjcorp and bjland?