Why keep when there no dividend for it. It's like giving "free money" to EPF/Gomen  Put in FD also can get some money

These 260,000 accounts can be considered inactive (account and/or person)

The thing is that for EPF, if there is no crisis. Then all is well.

What if there is a crisis. Now you want to take your money and convert to something else also cannot.

260,000 EPF accounts earn zero dividends
The EPF has since 2008 stopped paying dividends to account holders once they turn 75

http://www.thesundaily.my/news/1175991

KUALA LUMPUR: Several million ringgit in the Employees Provident Fund (EPF) accounts of some 260,000 contributors aged above 75, have been earning zero dividends.

Whether it is known to them or not, the EPF has since 2008 stopped paying dividends to account holders once they turn 75.

EPF corporate affairs unit head Nik Affendi Jaafar, who confirmed the existence of the policy, said despite this, some 260,000 members have retained their money in the fund.

EPF's Response To The News Report Published in The Sun, 22/9/2014

The Employees Provident Fund (EPF) refers to a news report published in The Sun today regarding EPF members not receiving any dividends after age 75.
 
The EPF would like to clarify that all members who have savings with the fund, including those aged 75 and above, have always been receiving their annual due dividends.
 
The policy as approved in 2008 has not been implemented other than to encourage members to be aware of the risk of their funds being transferred to unclaimed moneys if they are not utilized. In this respect, the EPF is no different from financial institutions such as banks, who have similar policies.
 
The EPF is cognizant of the potential misinterpretation and is in the final stages to amend the EPF Act 1991 to ensure members receive a steady stream of income from their savings even after they retire.
 
Issued by
 
Corporate Affairs Department
Employees Provident Fund
 
Date: 22 September 2014

http://www.kwsp.gov.my/portal/en/news-list...primaryKey=8002

Guys, I heard that PRS is having 9% interest which is better than EPF. I am still new in this, so is it recommended if i start saving money in PRS rather than EPF?

lai lai lai.... prediction time again.
how many % for 2014?
when will it be announced?

lai lai lai.... prediction time again.
how many % for 2014?
when will it be announced?

lai lai lai.... prediction time again.
how many % for 2014?
when will it be announced?

After predict got Grand Price to win?

6.30% for 2014