It is certainly weird that there is not so much noise with ASB tiered dividend but when EPF wanted to do the same, it seems like the world is ending to some.  Still have another approximately 6 years or so to get to 1 million assumung my salary is stagnant.

I still support tiered dividend but only to people who havent reach minimum saving by age and active contributor.

Is withdrawing the only way to reduce the amount in epf? One cant reduce the amount by epf mis? Although technically it is still inside epf, but it is not part of dividend calculation

Owh really, please enlighten me then? Are you implying it is ok to redistribute dividend this way in asb and not in epf. Or is it about ASB for bumi and EPF is all Malaysian. Or is it about asb being an optional secure investment for bumi and epf being mandatory.

Remember they are trying to imply that 1 million is the cutoff, but we all know these guys can withdraw all the amount that exceeded 1 million. Even if the cutoff is 500k, still wont matter since as i mentioned there are other way to withdraw some amount to reduce the impact or invest using MIS.

Really that is your best argument, lol.

https://www.theedgemarkets.com/article/woul...-poorer-members

Another punishment suggestion to saver. Esp for to those elders which  higher saving.

Well, before you start bashing me, I want you to do one thing - Pretend this is not EPF for a moment, it's a pension fund in another country with similar income disparity and aging population. Pretend you are running that pension fund, or running that country. What is best for the country, not what is best for an individual depositor.

Well said, summarised the problem of Malaysia in 1 single sentence. It's really not about the greater good of EVERYONE, but what is GOOD for ME

That mindset, have sent Malaysia to the trash and will keep us there for years to come

wahhh seems like she's been stirring shits since 2020. I think she just make herself outstanding. After all the i-withdrawals, she wants others to fill back the hole. Govt will be grateful to her, probably make her a senator.

I personally know someone in heavy debts who opted not to work anymore at his late 40s thanks to all the i-withdrawals.

EPF profit sharing not implemented yet right? What stopped you from moving FD to EPF?

If looking at FD only like no brainer to me... EPF guarantees 2.5% and FD rates now like bleh...

It matters cause govt toying with idea of tier dividend. The more you have the lesser you get and the lesser you have the more % you get.

Whether it will come true another is another thing. For now it's just in discussion mode.

For me personally I feel it's a good idea. So people cannot exploit it.

whats the fuss about the tiered dividend? whatever amount in excess of RM1miilion is allowed to be withdrawn anytime, so please invest yourself elsewhere and get better return for yourself. instead of keep on harping on lousy govn policies yet you are still dependent on epf/govn dividend.

rentseeker mentality. u cant even see the simple point.