I think if the DO raise the limit. They should raise for people with min 10 more years to retirement. People that will retire within 10 years will still entitle to withdraw by 55.

*If I'm not mistaken, Singapore's age limit was around 70 lol

[/quote]

Upon reaching 55 years old, you can withdraw a portion of your CPF savings depending on your CPF balances. You can withdraw a lump sum from your Special Account and/or Ordinary Account as well as any balance above the Medisave Minimum Sum (MMS) in your Medisave Account (MA).

[quote=ikanbilis,Mar 15 2015, 02:39 PM]
*If I'm not mistaken, Singapore's age limit was around 70 lol

[/quote]

Upon reaching 55 years old, you can withdraw a portion of your CPF savings depending on your CPF balances. You can withdraw a lump sum from your Special Account and/or Ordinary Account as well as any balance above the Medisave Minimum Sum (MMS) in your Medisave Account (MA).

[/quote]

Wow.. if it is 70, then I think it is to long. Cannot even enjoy the money..

woah why so confusing

Medisave Account? Special Account and/or Ordinary Account?

Funds outsourced by the Employees Provident Fund (EPF) to external fund managers rose 19% to RM86bil last year from RM72bil in 2013 as part of its diversification strategy.

EPF chairman Tan Sri Samsudin Osman said the outsourced funds were invested in both equity and fixed income instruments, representing approximately 14% of EPF total investment assets.

“We hold fast to our objective of achieving a real return of 2% dividend over a three-year rolling period.

“We continue to explore into higher yielding assets such as equities and real assets as well as diversify our investment using a multi-asset class approach,” he said

Conclusion? Good strategy?

yes.. good strategy for EPF.. and outsource funds managers also get some commission from it..
win-win situation

why u ask? anything fishy going on tat I don't know about?

This post has been edited by nexona88: Apr 9 2015, 08:25 PM

I thought have to pay them commision? Also they will take a cut from the profit. But if lost got disclaimer

I don't understand?

EPF or EPF contributors?

Diversification policy contributes to higher FY14 dividend, says EPF

The fund declared a dividend of 6.75% for the financial year ended Dec 31, 2014 (FY14) after seeing its investment assets grew to RM636.53bil while registering a return on investment of 7.25%.

Chief executive officer, Datuk Shahril Ridza Ridzuan, said the fund's investments overseas had paid off, a major boost that contributed about 33% to its gross income of RM39.08bil for FY14.

He said overseas investments were only 23% of EPFs total asset (as at end of FY14).

EPF in talks to divest 1–2 properties in UK
http://www.theedgemarkets.com/my/article/e...uk?type=Markets

Annual Report 2014
http://www.kwsp.gov.my/portal/en/about-epf...ual-report-2014

but also buying more. what's going on??

http://www.theedgemarkets.com/my/article/r...d-property-plan

sell some assets which can make fat profit & buy the cheaper / value for money assets

Employees Provident Fund (EPF) mulls realigning withdrawal age to close to 60

just to add updates onto your info
EPF seeks consultation on withdrawal age.....Saturday, 11 April 2015
THE Employees Provident Fund (EPF) is planning to call for a public consultation as a first step towards raising the permissible age for members to withdraw their retirement savings from the current 55 years to 60 years.

will I be too old for the ......

http://www.thestar.com.my/Business/Busines...-age/?style=biz

Maybe give the options of redrawal from 55 to 60.

So can cater to different needs and circumstances of people..

if extent from 55 to 60....5 yrs no $$ withdrawals by the affected contributors....
wow,....just imaging the total amount of monies the gomen can accumulate from that in that 5 years.....BETTER cashflow control.....just like when a company extent the payment to suppliers from 30 days to 90 days...

Haha.. They can use the money for some political "benefits " that time.

Seeing most developed countries now, their pension fund withdrawal is quite late. Malaysia at 55 is consider early.

Seeking public consultations, why not just say going to take unit trust, other fund agents and insurance agents to see how to press dry people's money?