Does anyone have access to Cindy’s latest article? ”Would multimillionaire EPF savers help poorer members?”

https://m.malaysiakini.com/letters/607459

Interesting comments to the letter

Higher 1-3 % on 10k doesn’t matter anyway, focus on ensuring that they can upskill these people to get jobs so the 10k increases instead.

I don’t understand how they can even propose for amounts below 1m, at least give people the opportunity to fully exit the country so they can subsidize with their own non existent funds.

https://www.nst.com.my/opinion/letters/2022...trust-epf-vital

Finally some sane logic

https://www.thestar.com.my/business/busines...etween-52-and-6

Focus on increasing your income instead. That is within your power. Tiering incentivizes wrong mindset.

Has the dividend ever been announced in March?

The delay must be to keep a good vibe for Johor election. Sigh, Malaysian governance.. just get on with it.

It is precisely this mentality that has alienated investments to Malaysia.

Where do you think your EPF money is being invested? One large pot is MGS and Bursa Malaysia. So change that and these funds disappear, simple as that.

Is the source credible? Hoping for tomorrow - March is to far away 🙃

Could it be that they want to delay withdrawals?Any stats on withdrawn amount after dividend announcement?

Can’t see any announcement? Your guess?

Great job tracking! See you all next year and let’s keep the governance and integrity strong in this institution 😊

I wonder who asked the question - Cindy 🙋‍♀️

This post has been edited by TheEquatorian: Mar 3 2022, 12:39 PM

https://www.thestar.com.my/business/busines...kshire-hathaway

I do 60k in January, never investigated if it affects the dividend differently but the amounts have been reflected properly. I suppose I would get 11/12 of % for that or according to a daily interest calculation - anyone knows?

I did 80% at one point, no issues. Any govt naturally wants more to save for retirement and this also does not affect the employer.

This post has been edited by TheEquatorian: Mar 7 2022, 03:22 PM

Yes, as long as the institution remains free from political interference. I think it is a smart way to promote retirement savings among population, we have the same scheme where I am living now.

Agreed, fully depends on your lifestyle and past savings culture. You may have alternative revenue streams.