what is the interest rate after Rm1 mil. i cant seem to find it thx.
i heard is low or 0

it is VERY scary to see the number of people asking PM10 to approve "kwsp bersasar", what on earth are they going to do when they are old? 

Will try my best. This year I got Fan Tai Sui. Hope nothing bad happens
I dunno. I guess today & tomorrow comes first & is more important than the future that is light years ahead.

I am sure this 8 to 10k did not include the interest you would have gain.

Tells me how unscrupulous banks are to steal money from EPF. They probably have earn lots of fees through this. And the government is obviously encouraging them by allowing them to do this. I bet the government gets a share of the fees as well. Or even corrupted officials that allows this.

So my question is, is EPF really effective as a fund for old age if say government allows people to put their money into those kind of funds? And I am also sure that those funds charge a high service fee. In fact, I am pretty sure their service charges is even higher then non EPF type of funds. Is this even ethical?

One more question. If I think that FD is going to be higher in say 1 -2 years time. Why am I not allowed to put my EPF money into FD. Is it because FD does not charge as much fees as those kind of funds?

And this begs the other question. People here claim that EPF money is used for EPF investments. But if I used my EPF  money to buy mutual funds, is it really still part of EPF investments.

So the question is, is EPF really for retirement funds?