Allow withdrawal of EPF money only at 75.

Tmr confirm protest infront of KWSP if this happen

But the people who protest is the one all no money inside

why not 100?

As i say b4,gov data avg age is 70+ only

Many live to 100?
IRL i dont know anyone who live to 100 so tokok la.

How about they change MP and adun pencen to 75 first?
Conlanfim all of them will krik krik krik..

the truth is, they need your money to be in kwsp longer. iykyk

Want to songlap is it? 75 many ppl mati already

Numbers are growing...its good to have such a plan early. Similar to Sweden, they started early.

They started to created avenue for those that are capable to work.

https://www.straitstimes.com/singapore/livi...longevity-forum

u all dont want to die?. u want to live until 90/100?.

better think many times bro. age 70 just nice to die u know.

cannot even enjoy the fruit of retirement properly. only thru death. itulah government

My ex boss retire at 60. 8 mo later he died of cancer

Never will I want to live a life like this, if people want to retire at 55 they can choose to do so but never force them beyond 60 because risk of life is very fragile beyond 60

but chinese say 80 onggg

you'll need to do the math for your ownself.

for some people, retiring earlier or later makes no difference. for others, the difference in retiring a few years earlier or later can be seven figures. if someone said he'll give you 6 million to work an extra three years, many people would flip their opinion.

there are no gurenties in life

i got a friend have been saving all his life so that he can finally afford a once in a lifetime euro trip

then 2 weeks before he is suppose to leave, he got into an accident and lost his legs

if u want to do something, do it. bcoz u will never know if u can the next time u want to

see...i told u...many times

the key isn't retirement, the key has always been EPF
raising retirement age = raising the age you can touch your EPF

not everyone can see it

i have seen many comments, no impact to private sector, they can resign anytime. some ppl just don't see far enough

100% agree.
I only budget to live for next week.

Have to raise. Now all unker look young



This guy 59 yo only

This post has been edited by knwong: Jun 17 2025, 08:34 PM

defined benefit vs defined contribution pension.. know the difference..
Sweden is DB.. EPF is DC
don compare apple and oranges..

U need to take look at Sweden and Malaysia work life balance first.

Easy for Sweden to say can work until 80.
Ask them to come here and work like local see they pencen at 55 or not.

Stress is a silent killer - fact.

This post has been edited by COOLPINK: Jun 17 2025, 08:44 PM

that was always the end goal

on the flip side.. imagine running out of money at 80.. who u wanna leech from? gov? children family? or 14th floor?

for Defined benefit pension, u wan to retire as early as possible to enjoice.
for Defined contribution pension, flexibility is the key..

stfu, frederik. you can choke on my nuts

u can imagine a lot of things. how about u died 1 day after u get your kwsp. how about u spend it all on the first day?

u can cherry pick an unlimited number of fictional scenarios in your head to support your own personal point. i get it. but what's the point?

what about an asteroid hit us in 10 years eh?

Gilaaaa

Haha, gomen finding ways to steal your money again.

I want pencen by 50

Cibai. Might as well say "let's change retirement age to 120, 50 years form now average lifespan could reach 130." Work whole life contribute to tax let people take out their money la cibai. Really cibai some people.

See these politicians care so much about common people, but sendiri manage money like shit, every year also deficit. Why don't you make a law that for every 1% of deficit spending, politicians have to go to jail 5 years.

there is always a probability
but in today's world, your probability of dying tomorrow is way way wayyyy higher than the probability of you even living till you're 70-80 years old

and there are so many contributing factors that will make that happen today
so for gov to make you only can touch EPF at 75...you might as well accept you're not gonna be able to touch it at all

What’s the point raising retirement to 65 70 if there isn’t enough employment going around for that age band except public service only?

This post has been edited by jojolicia: Jun 17 2025, 09:43 PM

Seriously... why so fakap?

Why not stop MP and other politicians who hold positions in federal and state governments from receiving a pension?

and limit the allowance.. tokok lebih

cibai

you're missing the point... it's not about whether you can get employed or have enough employment out there or not...

it's about ensuring the 'musical chair' keeps going...

I recommend Infinite retirement age.

Everyone must work until die

got ball then RAISE IT, want see my enemy suffer !!!

Pension system tu lain.

Epf lain.

Onggg 99 play 69

fap

"She noted that 60-year-olds today often appear energetic, making early retirement a potential waste of talent & experience"

Fuck off, you're telling me I gotta be 70+ (Close to death) just to enjoy my money? I want to enjoy my retirement money when I'm still capable not when I'm near the age of bed ridden. Don't judge a book by it's cover, they may seem energetic but they are no where near young folks.

Also would like to add, in Sweden you can't work MORE THAN 40 Hours per weeks, Overtime hours CANNOT pass 50 hours per month. Many Malaysians are being overworked regardless what the labor law stated, even if they reported this to the labor office, it often fall on deaf ears. Malaysian ministers are a bunch of stupid people, especially the current Ministers who thinks backward, this is the same as that one Minister who had said something like "RM500 or so is enough for one household family" It's not enough. This is why I plan on going back and stay in the U.S when the time is right. Malaysia need to be more open minded to evolve as a nation, maybe let a Chinese run for president, no one cares for the Shariah Law or Islamic law, no one here follows them completely. Before anyone calls me a racist, I'm a Malay who spent majority of my childhood in the U.S, this is just my opinion observing this country is all.

This post has been edited by lIAmLegendl: Jun 18 2025, 05:01 AM

https://open.dosm.gov.my/data-catalogue/population_malaysia
from census only 808,600 live pass 75 out of 34,058,800 = 0.0237%

This post has been edited by quintesson: Jun 18 2025, 05:42 AM

EPF > 1 mil can withdraw anytime rite ?

U can withdraw only the excess from 1mil

So if u have 1.1 mil, u can withdraw 0.1mil

solution is to legalise suicide

ppl with no money and/ or will to live should be allowed to exit gracefully

Solution is to colonize Mars faster. So all those retiree but no money can be sent to Mars to be a colonizer. With low gravity, many old age illness will also go away and become not painful anymore. It is a win win situation.

Don't dream till so far away. At least half of us here won't even make it until 75..

EPF withdrawal is 55 in Malaysia. Retirement age is 60.
So can raise to 200 also never mind.

The other half who managed to survive past 75 also don't have to be happy because you'll probably end up in a nursing home when time ripes. Go visit ANY nursing home, ppl in their LATE 40s, 50s, 60s, 70s are already admitted in..

by 2030 /K will be a very quiet place?.

That limit of 1M only till 2025.
In 2026 will be 1.1M
2027 1.2M
2028 1.3M

So you need to ensure 100k contribution per annum to ensure you can withdraw.

VERY is the keyword.

correct!, and they already say gonna revise it every 3 years... so with inflation going up...

this can only go up in future... nothing stopping them to raise it to 1.6mil and then to 1.9mil...

better plan carefully for those saving up the cash for some special purpose and planning to take the excess out initially...
make sure have some flexibility if this scenarios plays out.

How many of this guy is around ?
How many of 59 year old ah pek perut lebih dari dada is around ?
How many do not see it to 59 ?
How many 59 year old jalan pun tak lurus is around ?

Stupid Sweden needs support all the useless immigrants and lazy Swedes who don't work. So obviously they have to milk all the hard working people to the max.

This is what our minister proposed recently to increase retirement age to 65 years old.

The real truth is most of our people life expectancy still low compared to other countries.

The moment when our retirement age increase, EPF also joined together to change their policy.

That's why I don't bother to put extra contribution to EPF.

There's too many examples of countries out there where their politician plays around with citizen retirement/pension money.

This post has been edited by xpole: Jun 18 2025, 07:51 AM

Folks must hv thought ppl outside full of muscles, look young, everyday walks 10,000km, inside sure got no problem one. Lol. Y'all wished..

Death n tax is 100% guarantee

Every week also got this thread. LOL!

Why are people in k so angry about this proposal?

Raising retirement age does not mean you cannot retire early

You got $$$, you can retire anytime and don't have to solely depends on EPF

If you only depends on EPF, it would mean you are exactly the people who cannot afford to retire early

Fact is majority of people don't have the minimum RM390k when they reach 60

You cannot enjoy after you retire late? With this type of mentality, it's why there are so many cases of people using up all their EPF savings within a few years

Despite all the talk about unhealthy Malaysian, fact is life expectancy of Malaysian today has rise to around 77 and is expected to rise further in the future

How many % of people still die in their 60s anymore nowadays?

Government cheating your money? If EPF collapse it would mean our whole Malaysian economy is really collapsing and RM is probably worthless. If that happens, you got a lot more things to worry about!

Take out EPF and do your own investment. Where can you find such LOW RISK investment with such good returns? Invest in others like Bitcoin/Stock Exchange? Make sure you don't become Ding Hai and 14th floor first!

Fact is majority of people are clueless about investing and dong have time to do any real investment. By the time you got time, it's probably when you retire but by that time, do you still want to gamble with whatever you got?

This post has been edited by 30624770: Jun 18 2025, 08:35 AM

Here bout ave 75

Our life expectancy low? Are you sure? In 2025, our life expectancy is now 77 and is expected to rise further. US and China is around 78. Of course it's still lower than Japan, HK and South Korea at around 85 but it's still higher than most SEA countries except Singapore

This post has been edited by 30624770: Jun 18 2025, 08:39 AM

Ramai anggap C19 vaccine tiada effect on life expectancy?

We are only 3-4 years post-C19 vaccination...

This post has been edited by svchia78: Jun 18 2025, 08:41 AM

Don't come and spread unsubstantiated antivax stories lah!

Fact is our life expectancy today is close to 77 and is expected to rise further in the future. Malaysia is expected to be ageing population with substantial increase of population age 65 and above.

What's with the butthurt

I am no antivaxxer but I am not discounting that it has long terms effects on those that have been jabbed - myself included.

It has only been 2-4 years... and research on the long term effect needs years and years to compile.

This post has been edited by svchia78: Jun 18 2025, 08:57 AM

Nobody know whether there's any long term effects or not but by spreading stories like this, it makes a lot of people think they will drop dead in their 60s or even earlier. If it's not based on facts, don't simply say such stuff.

Look at the official records of our country and how people today are actually living longer than our grandparents generation. Fact is Malaysia is expected to be an ageing nation and it's why the government need to do something today to prepare for what will happen in the next few years. Fact is our live expectancy has risen to close to 77 the past few years and is expected to increase further.

By drawing analogy from your "nobody know...", yeah: -

- nobody knows how long they will live in this day and age;

- nobody knows whether they will be part of the "fact this" and "fact that" you mentioned;

- nobody should be so concerned about your wellbeing but yourself - you live yours they live theirs;

- nobody should cry father cry mother if they do not have enough savings to outlive their own lives

- nobody...

- nobody...

... and the list goes own.

I understand the points you are trying to make and that's is your points of view. But not everyone thinks the same or in whatever background/ circumstances you are in that make you have those points of view.

Just because it is not a fact now doesn't mean it is not something of concern. And just because it is a fact now doesn't mean it will remain forever...

Life circumstances for everyone are different and it is not for any one of us to decide/ control.

We can sembang kencang for pages and pages here... in the end of the day we go on with each other's lives.

The point I am trying to make is the rise of retirement age is unavoidable and we might as well accept it instead of everyday talking bad about it when the facts is showing its not really something bad the government is doing. Any good government in the world will also do the same and basically all SEA country are moving their retirement age to go above 60. But you can see in k today, every few days got thread about this and most of the comments are negative without really thinking

You said what - It is /k .. why so serious... 😄

Many /ktards sembang kencang saja but belakang tabir lain pulak... even if those /ktards really live by what they said, nothing much we can do about it.

Coming to what the government is doing - I don't believe it is being concerned about rising life expectancy per se... The fact that they are implementing mandatory EPF contributions for foreign workers - whom will not stay here for long let alone after retirement age - is already some agenda there.

And knowing it is a fact that life expectancy has risen, what are they planning to do to improve the welfare system for the oldies? Asyik throwing money for some "causes" that do not directly benefit this nation in the pursuit of some brownie points.

Pushing the retirement age higher would lead to some deadwoods hindering progress.... and the younger generation can find what job? Don't forget AI and automation will eventually render many manual workforce redundant. You try to solve one issue (catering to longer life expectancy-related issues) but it will be at the expense of another (upcoming younger generation unable to get employment).

It is a tricky-balance for the government of the day but you must understand the concern the people (/ktards included) have on the the government-of-the-day's ability (or more accurately, inability) in many respects to handle the affairs of the country as a whole. Well, at least the people are, in that sense, thinking.

The same reason again about youngsters replacing boomers. This is the typical mentality of youngsters who thinks the older gen are hindering their progress but in reality majority of youngsters are not capable enough. That is a fact. Those that are capable are already leading and those who are below are just not good enough yet. As for AI and automation, its something unavoidable and that is who government around the world including us are preparing for it. Even without AI and automation, how many youngsters today want to do the manual jobs. Why we have so many Banglas and Indons. Don't forget that we are going to be an ageing nation too where there will be a lot of people above 65.

You have to look at the EPF stats. How many people have the minimum 240k when they reach 55? Around 33% only. That is a very worrying sign which the government must do something today because if it's not done, we will be saddled with a large number of people who rely on the government for everything. Today it's already bad. What will happen in a decade or two? Look at our public hospitals. It's already facing problems. Imagine what will happen in a decade time when even more people rely on government hospitals.

My prediction is government will gradually increase retirement age like what Singapore is doing. First to 62/63 and later to 64/65. I think they will also follow Singapore way in monthly withdrawal and similar to Singapore way of treating foreign workers, we are doing the same thing too. So, what is Singapore government agenda? Is it a bad thing for Malaysian if foreign workers need to mandatory EPF?

As for government, no matter who is the government, there is no guarantee they will satisfy everyone.

This post has been edited by 30624770: Jun 18 2025, 10:31 AM

i have a swedish colleague in my team.

he is already 51 yo this year.

his mind is already working slower than normal.
sometimes we need to push him in order to get him to do things.

i cannot imagine people working at 70

Kito keno tanam... bukan sajo tuai jer asyik...

This post has been edited by soul78: Jun 18 2025, 06:06 PM

Nice la
Lel

Outside looks healthy at 75, but eyes blur, joints ache, walk far says leg pain, eat food says teeth loose so cannot bite. Later government bans old folks from driving, got money also cannot spend to enjoy.

never retire, posting /k everyday