Kesian chance lar. These people never learn real presentation skill. They just read it from the monitor on the stage.

How much is Saga Premium?

Is there a possibility that someone can hack into the EPF account, then transfer out the money into bank account, and from there... to other account ?

To ensure long-term portfolio health, EPF took the prudent measure of writing down RM3.43 bil of its listed equity portfolio in 2022, which was higher than the RM1.15bil write down recorded in 2021, in line with the volatility in the equity markets.

A total of 74% of the total amount came from Shariah-compliant counters that underperformed, which in turn impacted the EPF’s Simpanan Shariah performance for the year.

Rm260k is T20 average? Thought it is higher than this.

EPF is ONLY 7 million active members... the rest of 23 million in Malaysia are not using EPF anymore...
dont tell me all these 23 million people not doing something as in work as boss, work contractor, work for government etc etc...

Even if ASSUMING 1/3 of malaysia population is not working (old / retired/ young study etc) still roughly 1 in 3 have EPF and 2 in 3 no longer use / totally not in EPF for whatever reason, pencen included...

There is a larger population outside of EPF.

Is total EPF members a true reflection of the overall population?? It cant be right?? cos it seems like too many not using it (I mean 2 in 3 is a very large percentage).. so what is B40 in EPF mean as in real life? What if these B40 work 1 year in Malaysia and parachute to Singapore???

What about B40 in EPF active members mean?? that 3 million is poorest of malaysia 30 miilion?? Thats only 10% of Malaysia B40, however B40 of Malaysia should be 12 million, where is the other 9 million people???

Some of my friend even mentioned this with regards to EPF:- EPF is kuli class, then there is boss class dan lain lain...

Then there is the issue with LHDN.. is everyone paying tax? Then DOSM figures....

“There are three kinds of lies: lies, damned lies, and statistics.”

if memory serves, pension and defined benefit schemes are more prevalent in greece and many of the european countries. So it is more like our civil servant's pension scheme.

so if anything, civil servants here should be more worried about our gov's spending habits than anyone else.

also, should the unthinkable happens, EPF's exposure overseas of almost 40% would be worth a lot more in myr terms.... imagine ringgit crash to 10 vs usd... mgs is worthless, but the 40% overseas will increase in price in ringgit terms.

Hence why my confidence in EPF...

unfortunately I don't know....

but as we all know... who knows what malaysia gov and/or its machinery is capable of...

like now if you are in a medical emergency and about to die, the security guard can bar you entry into the emergency room to seek medical help simply cos you are wearing shorts....
sad joke aside, officially EPF can be forced to bail out gov of Malaysia already... EPF can be easily persuaded to subscribe to any and all issuances of MGS as is.... so... no point worrying abt this part.

Which is why medical insurance is compulsory. Previous old gen all tarak insurance.

Same analogy with kwsp, education, medical insurance savings, ....if we are disciplined/endowed n has big multiples of X savings, then ok.

Many people dont even save enuf for X. (No need think about Y).

Im just in the camp who feel in this current society, medical insurance is a necessary evil. Unker put 2 screws on my L3, L4 + physio oledi $75k. Yet many go thru life without a scratch.

Back to kwsp, asnb, fd, etc...grow the $$$....with great wealth, comes more choices n options. Multimillionaires can still choose to go hospital Kerajaan for major Ops, mah...no need buy medical insurance. Just go queue, A&E admission unless life n death can take 15+ hours.

Lastly, just be mindful God decides.

Second story. Relatives story but happened almost 10 years or so ago. Bought a policy that specifically says cover "female cancer". Paid more than 5 years. Suddenly felt lump go check coz "can cover". Told to pay first then claim. So she did. After paid and check found a lump. Need further investigation quoted a very pedas price. So she say claim from insurance first. When the report reach them they say actually only cover certain female cancer and the "most common" one breast cancer not covered and diagnostic since related to not covered one, cannot claim. The issue is when buying, there is a "paper" by agent specifically written cover breast cancer but it's a piece of paper la. She got keep. Show the branch. They say what agent says it's what that agent says only, cannot proof is true. But you got stamp name and sign.. they say then go claim from agent. Ask mana agent? Missing in action dunno where. Then ask why female cancer no cover breast cancer? They say removed from coverage coz too many claim and they can "change" without notice coz that's parts of the terms and conditions that ppl agreed upon when sign. Then she straight away stop paying and cancel policy. Don't care losing money coz no use to keep it what. Then go back doctor say pay cash. Straight away bill discount 50 to 80%. Can nego some more. Suddenly all the test more than half not need do. -.-" the only lucky thing is turn out not cancer but just a lump (water pocket?).

***  Mind dropping a hint which company is that? PM me. Thanks.  Agents will tell you what you want to hear, yes, this one is covered, that one is covered. Ask them to show you in black and white before signing the paper. I did that once and did not sign up as she could not show them in the policy.