yeah...i always wonder what the heck those people are thinking when they kena scam...already have millions in account and yet still can be greedy....
forever remains a mystery to me...

Epic one is a recent news a 70+ manager kena conned 5millions. News title : 社媒投资骗局 72岁经理被骗502万.

Already 70+, how long still can live? Already had at least 5millions before kena scammed, let's say can live 20 more years, with that 5 millions, even not counting bank interests, he can still have 20k per month to use.

EPF max can protect people from being scammed all of the money until age 55, after that, sorry la.

https://www.sinarharian.com.my/article/7295...tahun---azalina

Hot news! Seems like 60 years old is too young to retire so gov need to perform an indepth study to see if we need to increase our retirement age to 65. Hopefully this don't impact our current EPF withdraw rules...

dont really agree - we should not speculate or react when something is not confirm so those who are dumping into EPF should continue to do so
maybe till the 65 yo retirement policy get implemented it will be in another 4  to 6 years time, nobody knows... just go with what you are doing and dont let such news cloud your judgement / saving discipline

I am sure gov / epf wil give us enough time to react to the change and it wont be an overnight policy implementation
for example Retirement Income Adequacy (RIA) Framework was announced on the 12.12.24 and they are implementing it by year and 2025 no change, 2026 1.1M, 2027 1.2M and 2028 1.3M...

just giving example saja if they really implement overnight policy changes then nothing to say lo

I disagree. RM1 mil is really nothing. It's right to set the bar higher.

Gais... If today pay self contribution for EPF... Will it be captured for May?

KUALA LUMPUR (June 3): The Employees Provident Fund (EPF) on Tuesday reported RM18.31 billion in investment income for the first quarter ended March 31, 2025 (1Q2025), a 13% drop from RM20.99 billion a year earlier, due to global market volatility.

Of the total, RM1.02 billion came from foreign exchange gains, which won’t be paid out as dividends, per EPF policy.

Chief executive officer Ahmad Zulqarnain Onn, in a statement, said global trade tensions and policy uncertainties affected returns, but EPF’s diversified global investments helped cushion the impact.

https://theedgemalaysia.com/node/757660

Not looking good...

Anything above 20bil is to support for rest of the year weakness...

Now Q1 itself already drop 13%

Huhuhu
Fingers crossed

I'm using SREITs methodology to understand this. I think this gain is just paper gain, and is not realized yet. Hence, there is 'no cashflow' from this gain. No cashflow generated means no dividend could be paid out from this gain.

Of the total investment income, RM15.87 billion was generated for Simpanan Konvensional, and RM2.44 billion for Simpanan Syariah.

Seems like syariah is doing better correct?

I remember correctly 89% is conventional and 11% is syariah

Conventional is doing really bad on the other hand syariah is doing so much better

Got

https://www.thestar.com.my/news/nation/2025...y%20(March%205).

This is true.
This happened during when Najib was the prime minister time.
During that time because of the influence from 1Malaysia, KWSP's reputation was also affected that time.

Najib approved "all you can put money" to EPF until the the end of Dec 2014.
But do not remember if it was 2013 or 2014. But for sure it was during Najib time.

I always think this is the bigger contribution from Najib to Malaysian people.

Unless EPF have such big pile of money hidden somewhere...

It's guaranteed would be lower than 6.3%

Properties huh...

Ahhh...

The UK Hospital is one of it...

EPF own 12 building but it's on long term lease...

After reading is just all talk talk talk with no real action yet
How we going to protect aging population?
Is epf going to invest in nursing home and provide affordable nursing home?
Is epf going to partner with an insurance company and work out medical plan that is affordable and can cover until we are age 100?
Is epf going to influence policy making by increasing our retirement age?
Is gov and epf work together to start taxing and forcing gig workers to contribute, imagine now you drive grab earn 7k per month yet you don't want contribute to epf later old time start blame epf saving so low

*i-lindung is not medical plan so pls don't confuse yourself. it is like a PA and Critical illness that is cheaper compare to you try to buy it directly from insurance company.

That is not EPF's job?

Their job is to make sure one has enough money to live out their retirement, thats all.

everyone can become a millionaire... but 32 years from now the RM1 million i think rumah mampu milik also cannot buy

Im not sure why you guys gaduh2... i long time not visit lowyat forum... but interesting epf topic.. i had discussion with my friends on retirement... due to inflation... at 55 years old, we need around RM1.8 million just to be in 'adequate' category in 2050

I made a youtube video just to share my calculation : https://www.youtube.com/watch?v=jTjL7tng6gg
It's eye opening for me because :

if RM1,800,000 is adequate for 55 yo in year 2050... assuming someone starts working at 25 years old... (starting with RM0 epf savings, 6% return every year) - he/she needs to contribute RM1,900 every month to EPF

standard EPF contribution percentages are 11% for the employee and 12% or 13% for employer...so if we cincai kira for the sake of simplicity, we use 1:1 ratio ->  hence, to be adequate... you need to contribute RM950/month to EPF (your side) and employee another RM950

RM950 for 11% means you need to earn around RM10,000/month for 30 years to retire adequately. No wonder we are going to have this retirement crisis and no wonder they are pushing the age of retirement.

*Latest news : Denmark is pushing the age of retirement to 70. If we think deeply, before this EPF thingy, that's how humans live. The adults help to support the elderly and children, and the cycle continues.

wah bro you are  very wrong lah

RM10000 compared to actual RM8000!!

how can you say people only somewhat correct?

To get to adequate category in 2050, need to hv starting pay of 8k now, .... i think something is not right.

I started as a factory operator with a starting pay of 180, in 1981, over the years, usual things happens, taddaaaa, .reached adequate category by 55.