Bro, may I ask, your this account is 100% I-saraan? My wife (government worker with pension and no epf) just successfully opened a EPF account under I-saraan (like your account profile). I'd like to confirm if I start contributing it will all fall under that and not some other black hole with no government incentive..

Those under pension scheme, it is a viable option to start I-saraan and self contribute. Last night I threw a 1k and 100 via EPF website, link to FPX payment. It did not successfully close loop (did not get proper acknowledgement from EPF). Then just have to close the browser, like its 2000's.

I hope it will show up in the EPF system later.

I am sure she qualify, she walked in to epf office to do the account opening etc…my question is more towards is her account being topped up correctly to enjoy the rm500 incentive for I saraan…haha. I don’t want to fill up the wrong hole basically since it’s never coming out anytime soon.

They say they say 2031 will review again… don’t count on 2M being the limit. Could be unlimited until you properly retire and then some.

Source

https://www.malaymail.com/news/malaysia/202...ing-2026/192417



Here is how bad our 4th estate is, basically a mouth piece for the government. In Malaysia you don't read between the lines, you read between the words.

I would say at least 11 years of English and comprehension and all we learn is how to repeat a paragraph of statements. This is why Malaysia cannot maju.

This is worse than a Flag with insufficient points, etc etc.

We knew of this around Dec 2024 IINM, and there was debate. But the thing is, we talk kosong. Nothing really happens.

By now since it is already damn late in the game, I was only lamenting about the quality of our journalism. Imagine the editor and the journalist who published the news article in Malay Mail. He / she either has no conscience or is asleep or no logic. Much like how we teach school kids to repeat the fakta fakta without any amount of critical thinking.

Now if you think about journalism in a well educated country, there must be a big stink on the first page, because :

We were misled to dump money into EPF based on the initial premise of unrestricted withdrawal of any amount exceeding RM1,000,000.00 only for them to update the limits (with 100k increments every year mind you).

So how come ? There is only a lament. If you pay attention to history and events ;


The media is our 4th estate but it is now the state's estate instead. Wow what a pun. Ok back to work.

This post has been edited by lee82gx: Sep 29 2025, 04:29 PM

Many presumptions and assumptions.
Let me state my own.

I as a member of this ad hoc club I want my own control. Dividends notwithstanding. Why does EPF feel so obligated to help the 0.13% or supposing easier to count, the 1% who are there because they are able to manage their own finances well anyway.
You think they will not increase anymore, but also state that the 1mil limit was there for a long time. I would interpret this as they used to be consistent and now they aren't. Fact is, anyone who reaches 1mil with the 50-60k dividend a year would've been able to withdraw this dividend without restriction immediately. However, if you set it to 1.3 the same person will have to wait 2-3 years just to withdraw the same 50-60k of dividend. At the same time, a principal amounting 300k has been additionally locked in for 2-3 years. If you can count the opportunity cost it is not a trivial amount, especially to the financially savvy. I am talking about those who just recently attained the 7 figures. Not the 8 figures people who won't care about the 6 figure sums.

When you pump extra you don't happily take dividend?
When they take away withdrawal it does not take your opportunity cost to invest or save or do something else elsewhere?
Why do you say it is a privilege not a right?
https://www.kwsp.gov.my/en/member/life-stag...million-savings

I read and re-read, and many times EPF themselves state it is a right. Of course they also have a right to re-write the rules but doesn't it count as misleading people to deposit?

Epf stands for employee provident fund not employee retirement fund.
Even in Malay it is Kumpulan wang Simpanan pekerja not kumpulan wang Persaraan pekerja.

Somehow someone’s liberties have been taken away and those who are not affected have decided it is the victims fault.

I suppose this is the effect of our education system where you are drilled into repeating how great your country is, how wonderful hydroelectric dams are (they aren’t, they only generate less than a small fraction of energy), how our roads are the second best in ASEAN (no, we have worse than Indonesia and Thailand and Singapore roads), how our leaders are the best (well even our ideal choice PM is a mess when comes to terrorists) and on and on it goes. At some point even our EPF will be espoused to the heavens. Then they make systems to encourage you to save with them with the expectation of flexible withdrawal (I showed the proof). Sometimes they allow mass withdrawal, and then at other times it is for YOUR DAMN RETIREMENT!!!

If you don’t debate this and don’t think carefully about this but just ayam catch no ball then just continue with blue pill lo.

TBH I have personally accepted the grief.
But not discussing it, "it is not my problem", "I am 50 now when I legally did I 5 years ago I was proud, now suck it young man" - These are all very poor answers.

I do park money that I don't want to touch until I am 50. Yes, Malaysians who are savvy will quietly do the smart thing.
But what is lacking here is empathy and discourse. I mean afterall MOST OF YOU who are here surely not to brag about your own FI/RE or past achievements right? Why don't we discuss how to make the next FI/RE? And since EPF did something NO ONE IS OPENLY proud about, what is the way forward?

Again, how would you advise say a 38 year old who is now at perhaps 800k in EPF, not too much in equities, working hard salaryman and trying to break out of the cycle?

I am hoping the relevant person will ask. But honestly the question maybe : what is the next best thing that is low risk?
It’s a weird thing to convert Epf bound monies into equity.
Even corporate bonds have a lot of risk.

People will be unlikely to treat Epf bound monies with risk appetite, imho.