A Malaysian can withdraw the entire EPF saving at 55. This will not be changed, even though the retirement age will soon be increased to 60.
http://thestar.com.my/news/story.asp?file=/2012/8/5/nation/11801373&sec=nation
http://thestar.com.my/news/story.asp?file=/2012/8/5/nation/11801373&sec=nation
2 comments:
Here is an update, views from the Malaysian unions
http://thestar.com.my/news/story.asp?file=/2012/8/6/nation/11802788&sec=nation
Election year, everything "boleh". Once the election is over, I just wonder what will be the excuse to raise the withdrawing age.
Voters is looking curiously at the present Government in dishing out goodies and accumulating federal debt. The Government has not been so sensitive to voters' demands for so many donkey years. My guess it is good to have strong opposition.
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