Regulating withdrawals to prevent misuse, prevent kena scam and to spend lavishly, amongst other political reasons.

In the event it does collapse, the world....as we know it....would have ceased to exist.

hopefully they could dig into the reserved / past withheld incomes to jack it to cross 5.00 at the very least.

https://www.thestar.com.my/news/nation/2025...ems-must-evolve

Not the current gen of members, but for new contributors born after a certain year (i.e. 2000 onwards).

Or members holding below a "to be determined" EPF balance (i.e. RM600K at age 55), will be strongly recommended to subscribe
to an annuity plan.

Typical lah, regular folks always thinking on the negative side of things and seemingly wishing for the worst case.

Nothing to fear about.
Screw the fearmongers.
Just self contribute as you deem fit.
Business as usual.

It is a feasible idea, however don't make it mandatory.
It should only be optional those who have common sense and financial sanity.

No liquidity, unless I dump some gold.

The very small number (130K of 16.2 million members) of EPF millionaires would have reached the first million waayyy before age 55.

The installment type, if implemented, would apply only to new members born after a certain year, i.e. 200x onwards. they would not implement it suddenly and to all EPF members of all ages.

I wouldn't worry so much about the 1.1M...1.2M limit issue.
I would worry more about the MYR losing its value down the road.

It will be optional, so just pick the scheme that works best for you

Nothing to worry about. Its BAU.

If not optional, withdraw most of it and get some 999 kilobars😆

They will develop a framework for this as not all members (esp the B40s) are aware of such a monthly withdrawal feature.
Will be turned on by default for all members, and for those who chose not to, then they gotta apply via the i-account app to opt out.
Then there could be also be a function to transfer funds in and out between this Account Pension to other accounts similar to the Acct 3.

If they keep the locked up amount as low as possible, 10 - 15% of total balance perhaps, then its not too bad in the grand scheme of things. EPF will need to ensure sufficient liquidity for all these annuity shite.
We can't take all of it when we kick the bucket. Its all about the reassurance that we can access ALL of it anytime after 55.

Just make sure you have an heir to get all these when you naik bus.

this bloody CPF really kacau...setting a bad example for all others to follow..

Now it looks like we are gonna be dragged down the same route as our cousins down south

It will be mandatory for members born after a certain year i.e. 200x.
For the older members, it will be optional.
Soft landing approach, and possible U-turn

I would also withdraw monthly, however at a flexi amount determined by myself, the rest leave it to compound and I certainly also want the assurance that I can access 100% of my total EPF balance at anytime I choose to, and not having it locked up by the govt.

However, the government is considering introducing a monthly pension payout under the EPF to provide retirees with a more stable income stream, in addition to the current lump-sum withdrawal option, according to 13th Malaysia Plan report released Thursday.