Wait againnnnn. Sad.....

it's timeeeeeeeeeeeeeeeeee

LG OLED EVO 55"!!!!!!!!

Yesterday went kwsp hq to do thumbprint using the machine. Today already got the money. Super efficient. Give EPF a like!

From this thread, it’s a clear sign that we will face huge problems in the future taking care of retirees

eh I thought below Rm30K , only e-kyc?
now have to go thumbprint .. niama.. how to go fight with ppl at kwsp office ..

(speculation) for every transaction
RM30k <= thumbprint at counter

for first-time (never withdraw so EPF don't have bank record), OR, for changing bank account
RM10k <= thumbrint at kiosk
RM250 <= online e-KYC

(speculation) for every transaction
RM30k <= thumbprint at counter

for first-time (never withdraw so EPF don't have bank record), OR, for changing bank account
RM10k <= thumbrint at kiosk
RM250 <= online e-KYC

bank not working Sat & Sun .. so crediting to bank will be on Monday, I suppose 

hello , you realised that it is only  partial of account 2 ? Most of account 2 is empty from house loan and other allowable expenses.
furthermore , more money going into account 1 after this.

If they withdraw from account 2, it’s legitimate financial reasons such as buying house, study loan, etc. which will help their future. You withdraw for house, the house is your asset.

Here, majority are withdrawing to enjoy enjoy. 2 different scenarios at all.

(speculation) for every transaction
RM30k <= thumbprint at counter

for first-time (never withdraw so EPF don't have bank record), OR, for changing bank account
RM10k <= thumbrint at kiosk
RM250 <= online e-KYC

either they enjoy now , suffer later
or suffer now , enjoy later.

I withdraw to clear my debts . with less debt i can sleep better
I sleep better , i get better health to enjoy my retirement money later.

Again , government already give the option , it is up to each individual .
Most of those that do not have much in kwsp are those already do not have much funds in it.
Those that have funds , maybe be M40 , now have became B40 and need to access the funds.

If you clear debts, then it’s legitimate financial reasons but look at this thread, so many are withdrawing for jolly jolly reasons.

Those who don’t have much left and they still prefer withdrawing for jolly jolly reasons. When they are retired, it’s going to be huge burden to the government no matter which government in the future. Who do you think will have to bear that huge burden?

Well government already have this option open .
Jolly or not jolly ,  money back to the economy to spur spending.
Also again , Account 1 contribution is also being increased for everyone...

government  "take" 1 , "give" you 1 .. fair .