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 Guys is the EPF in trouble?

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nelson969
post May 28 2025, 08:09 AM

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the country is trying to discipline people by saving money for rainy day

but people start to aggressive yolo after covid, pop up cafe franchise, keep going oversea, go hang flower, cheong more than it should, go migrate to other country, renovate house, go genting gambling, all of these are not possible without the 10k withdrawal epf at that time

now waiting something like france protest ( in 2023 when the gov raise retirement age, people protest )
nelson969
post May 28 2025, 10:06 AM

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QUOTE(thuwed1732 @ May 28 2025, 09:12 AM)
i thought retirement can be anytime?
if work for gov, i want to retire at 50, do i get pension?
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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

 

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