They will start winding down SSPN and give student loans wipe off debt free like Biden does 🤦‍♀️

Wait till this drag on goes to court
Only spouse is entitled and only half but children is not

Govt is planning to move away from pension into EPF already as many new servants are now in it hence they are unhappy when EPF does dish anything more than 6% yearly 🤦‍♀️
It is more close to 1.5 million direct and indirect employees hence better for all govt servants to move it to EPF rather than pension system which drags upon taxpayers money 🤦‍♀️
Remember they are playing race bait game now to gain votes from the ultra religious party hence they will use it to political mileage

It is nothing to do with tongkat but their mentality is spend before earning while having no sense money management 🤦‍♀️

Only the smart savvy tongkat is the one who gains more than common tongkat 🤦‍♀️
Remember is trying to win votes from Ultra Malay conservatives hence playing race bait game 🤦‍♀️

Like some mentioned unless everything is unified it will be not be when it segregated just like education streams

all the previous withdrawals...

I can observed not to relive current suffering but to spend on "unnecessary things"... okay maybe few really need them... but majority I see spend on Cars modification or at jewellery shops 

tongkat already planted into the life style... Savings like in EPF or just CASA is like taboo subjects... not in the mind...

when see others better balance in EPF... try to play up R&R issues.... what it's link with EPF high balance for these group people... not like they rob the $$ & dump into EPF....

As per previous information, only ppl "who really need it" can apply for loan. Apply as loan collateral doesn't mean realizing the transfer or sale. It just mean the units are locked and no longer can be touched until loan is paid. However, can bank take the units of the user defaults the loan? Unknown. So what can ended up happening is ppl claim emergency then take out loan go buy maybank stocks and voila.. double dividend

So those planning to take this loans & dump into EPF??

Not good decision lorh??
I mean not worthy anymore....

You are deflecting the key point ie what is the purpose of epf? And you did not answer my question. Because those are the key decision factors of why epf is what it is. Regardles of how one view its their blood and tears money that they entitled to as and when they want to withdraw at whim.

Just to entertain your flawed arguement that epf can generate easy return consistently and yet still principal guaranteed, have you ever seen how many time epf return is at lowest level at minimally guaranteed 2.5%? And what were the masses reaction like?

Increase both employee and employer contribution. The employee themselves need to be comitted in having enough for retirement. This will also increase inflow and help madani to achieve more allocation on local investment.

The reverse is happening...if Green Wave take over, gone case, all money songlapped or wasted to support prince of earth company like Serbok Dynamo.

I see this is eventual destiny of Malaysia.

Agree t20 should not get free hospital.  After all household got 10k already should be able to afford private I think. maybe retire already no choice have to go govt

bro, this time different....because the country is really going downhill at accelerated rate due to external and internal factors. Now it is not so much taking your money but throwing a wrench in your plan. If you have a lot outside beside EPF, then it's ok. If EPF represents over 80% of your networth, then better reevaluate your strategies.

I am sure if the father knew then it'll come to this, he would just wank off and fed the fishes

The whole problem is to catch small business not reporting profits. they should be taxed. its more like RM10k a week. Exchanging money no need e-invoice but if there is a sale transaction then raise an invoice.  Not sure about EPF as we;re not buying anything so invoice. its like depositing money in the bank and get interest but still no invoice for interest nor dividend.

haha.... such rate were never seen since 1990s I think. 8% type sure everyone will throw everything into epf and liquidate all ringgit bonds

I seriously disagree with that account 3...

Why repair that not broken 😁

I really hope, it's just option not forced upon everyone...

Or at least give option those don't want it. Fill up some form.. like the previous reducing of 11% employee contribution... To maintain status quo