I will definitely opt out of such stupid change.

Put money in Account 3 with much lower return is stupid move for a forced saving retirement fund.

I hope the creation of account 3 will not affect the overall performance of EPF return.

Most who withdraw from account 3 will be using it like all the previous 10k iPokai, very few will actually withdraw to invest on their own.

A/C 3 is enable ppl to withdraw easier than a/c 1 & 2. Different criterias as a/c 1 for pension, a/c 2 for housing, medical, school, investment, etc etc

Currently they proposed A/c 3 is for
- for emergency withdraw
- certain percentages only can be withdrawn
- only for new members (born after 2010)
- proposed 3% - 5% dividends
- this are proposal only, finalise to be announced again soon