E P F (malaysian employment provident fund) withdrawals frozen at 55? New age for withdrawals proposed at 60.
This unilateral decision by the malaysian government is another example of high handed administrative action, Najib please "walk the talk". The people are against this without any consultation whatsoever.
Imagine people who have worked for years, and people who will be working for years to achieve a retirement goal, then suddenly when the goal is in sight, the government conveniently "moves the goal posts". This is completely unacceptable.
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