EPF only will be in trouble if they continue bailing out GLC and kronies.

Till now, there is no connection.

EPF is EPF.

Suggest "Increase the retirement age" is another matter.

And you don't look back the history between the 2.

For example, the retire age is already raise from 55 to 60.

But EPF remains the same rule for the withdrawal at 55. Nothing has changed till today.

bro, the plan to increase sudah put set in place. staggered increase.

Not enough fully employed young ppl to contribute. The danger is the older folks who got in early now have millions when they retire in another 10-15 yes and withdraw all will impact.

Also EPF is needed to support bursa.

We will earn less.

Maybe 3% instead of 6.3%.

If people are voluntarily contributing to EPF, means confidence in EPF is good no?

unless you are PAP..... lol. oh wai...

High dividend complain, low dividend complain.
Next, increase retirement age to 70. So we can withdraw after 70 ? Gov in trouble ?

Whatsoever if you only have 1 basket, then it sure is trouble on you

This post has been edited by jojolicia: May 28 2025, 09:29 AM

If I'm not mistaken, EPF already moved 50% of their funds from oversea investment into local GLC as instructed by PMX since September 2024

I think less than 5% this year

Government main source of borrowing is from EPF.

If EPF no money, cannot borrow from EPF.

They are ENCOURAGING you to save more in EPF, since now you can withdraw some from your accounts.

You know EPF is in trouble when the government tells you DON'T WITHDRAW money.

if EPF in trouble, the country is in trouble as well, about 40% of EPF money is invested into Government bond

i dont trust the law here.

law is written by people. people can change law.

yes u get pension but it is monthly payment, not one shot large amount lump sum, that why the civil servant make too many noise

https://www.freemalaysiatoday.com/category/...sion-says-group

25 March 2025 - Yesterday, it was announced that the public service remuneration system is expected to retain its monthly pension payment model.

last few year i know work for government u must state which year u want to retire and base on contract liao, no more suka hati attitude

also if u want work for gov, u must work at least 10 years or more to get the pension aka work till death then ppl marah dont want this dont want that, value hedonisms

This post has been edited by nelson969: May 28 2025, 10:07 AM

soon

Agree, monthly i'm withdrawing now

Funds are safu!!

EPF is not in trouble.

But when minister make a big hooha about increasing retirement age to 65 years old, it will indirectly effect EPF in the future. Right now, you can make full withdrawal at 55 years old based on EPF website. In the future? We don't know.

Ktards boomers here don't care, because they are near retirement age. That's why they can talk rubbish, cakap besar. Because it doesn't affect them. It will affect future generation, especially Gen Y and above.

You see on year 2023, there's a major protest when French gov wants to increase retirement age from 62 to 64. People disagreed with that. Our government wants to propose increase from 60 to 65 years old. The major differences are so ridiculous.

You want to work until you death, go ahead. I don't want and I want my full money once I reach 55 years old.