looks like 75 is the max....b4 they classified it as unclaimed...

Unclaimed Contribution Information Criteria:
•Aged 75 years and above as at 31 December 2014 or birthdate is unknown
•Has balance in the account as at 31 December 2014
•No annual dividend withdrawal which is still active

http://www.kwsp.gov.my/portal/en/member/un...ormation-search

yes, some like you would be happy for that too.
but there are others that would not be happy to follow this route.

what about this sentence?...

Unclaimed Contribution Information Criteria:
•Aged 75 years and above as at 31 December 2014 or birthdate is unknown

so if what you have mentioned above is true.....
wondering if this "How about withdrawing rm1.00/year to make sure it's active so that they don't classify it as inactive by 75 years old?" worthwhile to do?

no idea...not yet try it.

YES,....that is a GOOD question.....

I think not. As some said ....it is part of islamination

where did you get the news?
pls provide link.
thks

thanks...
wow...so wordy...
I may have missed it....
can show where in that article shows/mentioned "EPF loss money"?

do you mean this title...."EPF’s investment income falls 36% in Q1, braces for tough year "

on Labour day (1 May) I went to Genting and made RM 10000, then on 8 May I went there again......I made 36% lower......did I lose money?

falls in income is not lost money.
if last year made 50 million,...this year made 5 million (90% drops in income)......is still not lost.
further more this is just 1 qtr.
definitely not "EPF loss money" as posted.

may I know why it is a big problem for you?
are you 1 of the members of the EPF investment advisory board member or member of the FH that EPF placed the investment money in?....
I would not worry bcos if worst come to worst...I will still get 2.x% of dividend

cant speak for "us"...
but as for me...
it forces me to save for retirement
prevented my temptation to withdraw at ease
reduces my taxable income.
allows me to dream of what I want do when I get the money.
I think got some more.

what about you?
Pls enlighten me why epf is NOT good for us?

ONLY if and when that happens.....

on current clear and present issues...what are the chances of that happens?
talking about politic issues...there are many in the majority race is EPF contributors too.
will it be suicidal for a political party of that majority race to do that?
I would not worry about something beyond my control....like epf money being suck dried?
before that can happens most of the goods and food that we buy now will have increased by many %...due to ....which parties is in control of most of our main consumable products?
I would not worry because I see minor changes of that happening and also because I cannot say no to EPF. que sera sera....
can you not contribute to EPF?

just a little insight and assurance....
Unshackle the EPF
Saturday, 28 May 2016
http://www.thestar.com.my/business/busines...hackle-the-epf/

see how they do the allocation to try to gives you > 6% pa...

just for discussion sake.....is it possible....??
with the syariah EPF things...
if the amount of RM (a lot of people switched) are in Syariah compliance....
more Syariah Eq stocks will be supported by EPF
less Non Syariah EQ compliance stocks will be supported by EPF....

will there be affects on the non syariah compliance stocks prices in M'sia Eq?
I did not follow on stock markets.....just checking, is currently those non syariah compliance KLCI stocks supported by EPF?
if they reduce the % of holdings in those stocks b'cos the amount available by the EPF money is reduced for conventional type.
possible "cheaper" non compliance stocks prices?
thus affects some other investment like UTs?

Can I withdraw from my EPF to contribute to the PRS?

The PRS is a supplementary form of retirement savings in addition to the EPF and is voluntary in nature.
Members are not permitted by law to withdraw from EPF to contribute to the PRS.
http://www.ppa.my/prs/prs-faqs/

maybe indirectly "control" local focused PRS by buying more compliance and throwing out non compliance stocks in the Klci mkt
......once the money is available and the conversion process starts ...maybe slowly as not to shock the mkts...

btw,...just found this
NESTLE is Syariah compliance stock....
item 58...page 18
http://www.sc.com.my/wp-content/uploads/en...iant_160527.pdf

This post has been edited by T231H: Jun 4 2016, 06:07 PM

that would be in here....
EPF - Members Investment Scheme

http://www.kwsp.gov.my/portal/en/web/kwsp/...vestment-scheme

ya-lor...maybe that is part of the parcel to get another 5% up the score board ...

“Seventy-five per cent and above is very good and above 80 per cent would be excellent. We want to try and achieve at least 80 next year,” he told reporters after the announcement of the index score.

- See more at: http://www.themalaymailonline.com/malaysia...h.k1PiRvLi.dpuf