under parents name & EPF account? yes. 

but make sure the nominee aka benefactor is under your name 

Wa lau eh....

But if normal bank fd also cant claim rite if both vanish

why why why I am not in this category?     

Actually nowadays Rm1mil is not much

As I see it, it was the best answer to a stupid question when answer was an obvious "no".

I would even answer why don't they increase the age till 75 or 80. This way the savings will more probably outlast your life. 

......
Just sharing 
Goat knows whether ini sandiwara or not - ie they've already decided and this is just a show?

If were to say critical, every since Tun step down after 22 years are in critical state.

Well, we are the top in Aisa now for paying > rm0.90 for every rm1 that we make

Beginning take 20% out. Ac left with 80%.

After 3 months, take another 20% out, ac left with .8 x .8

After another 3 months, take 20% out, ac left with .8 x .8 x .8

Without considering monthly top up, the ac will never be emptied. Is that right ?

I don't understand the statistics.

It's says :-
If the amount withdrawn has jumped in %, wouldn't it mean more people are inclined to withdraw (more) money out than keeping it with EPF ? Why the conclusion is this :-
Can someone enlighten me ? 

I think I found their "logic" already. They have the flexi withdrawal, and the non-flexi withdrawal ( lump sum withdrawal) . If the flexi withdrawal amount has increased, then they concluded that the lump sum withdrawal has reduced.

Realistically speaking this is not absolutely equivalent. They must sum the amount withdrawn at age 55 ( flexi withdrawal + lump sum withdrawal ) together, and make a before and after comparison ( 1Q14 vs 1Q15), to be able to arrive at such conclusion.

They have a logic failure.

“The EPF did not invest in Felda Global Ventures Berhad so far,”

the only good news so far from Finance Ministry 

I thought epf answer to some kind of watch dog?

u mean EPF invest in some Private Funds which invested in FGV 

maybe.. I'm not sure    need more research / reading 

now i know epf can invest,
it is dangerous?

"It also seeks to introduce a new section which states that no dividend shall be credited into the account of a member who is not a Malaysian if no contribution has been credited into his or her account over a period of three years."

interesting new section.
so non Malaysian can also contribute to EPF?
or are they referring to those who gave up their citizenship?

whats the lowest dividend thy ever gave in history?