Covid-19: EPF withdrawals allowed for those below 55, RM630mil more in allocations

Posted by Tony D. Lai | Mar 23, 2020 | News | 0 |

Covid-19: EPF withdrawals allowed for those below 55, RM630mil more in allocations

PUTRAJAYA | The Prime Minister has announced Malaysians below the age of 55 will be allowed to withdraw RM500 per month from their Employees Provident Fund (EPF) saving for 12 months to ease their financial burdens caused by Covid-19.

Tan Sri Muhyiddin Yassin also announced RM630mil more in allocations to help combat the disease – RM500mil to the Health Ministry and RM130mil to state governments.

©

Leave a reply Cancel reply

Search

Sponsored

Recent Posts

A furniture factory fail to adhere to Act 446 January 31, 2024
Time to name and shame migrant worker abusers, say activists January 29, 2024
HR minister: 751 duped migrant workers file RM2m claim for unpaid wages January 17, 2024
PERSOLKELLY Report Indicates Healthy Work Culture, Growth Opportunities, and Skilling as Top Considerations for Malaysian Employees in 2024 January 17, 2024
Malaysia’s Unemployment Rate Drops to Pre-Pandemic Levels January 11, 2024
RM50,000 fine if company docks wages during water cuts, says minister January 10, 2024
Contractor licenses are misused to aid foreign worker syndicates, says source January 10, 2024
171 deceived migrant workers should be compensated, said migrant rights activist January 8, 2024
Industrial Court orders ‘vexatious litigant’ to pay ex-employer legal costs January 5, 2024
Saifuddin: Home Ministry, HR Ministry committed to improving foreign worker management January 4, 2024

Categories

Sponsored

Sponsored