The EPF or KWSP, Malaysia, is proposing to raise the age of complete withdrawal of a member's contributions from 55 years to 60, in line with the current retirement age.
We EPF members want the withdrawal age of 55 to be maintained, but with the option for members to make complete withdrawal at age 60.
Many of us have been preparing for years to make the complete withdrawal at 55, either to retire early, pay off our outstanding financial commitments or invest in ventures to fund our post-retirement lives. The EPF cannot raise this age to 60 suddenly.
We ask that you sign this petition against raising the withdrawal age, to be submitted to the Malaysian Government. Please rope in your parliamentary representative in this effort as well.
We are aiming for at least 100,000 signatures - the EPF money is ours to use as we please and we want to take it out at age 55.
Keep it at 55, EPF!
Updates
Reached 100 supporters
April 22, 2015
93 Comments
I want my EDF full withdrawal to stay & maintain at age of 55. EPF has no right to change existing option. They can Add New prosposal options but must sure is beneficial & profit for public retirement and not just self gain.
Age 55 years and beyong most of us are not so healthy so may need the money to buy medications and supplements.
I've worked since I graduated and have been saving money in EPF mainly vecause my dad whi was a pensioner said one day when you are 55 yesrs old you can take your hard earned money and enjoy life. that is MY hard earned money and I want to enjoy it at 55. Not 60 or 65. what's to stop the govt from changing the age limit a few years from? how am I suppose to enjoy my money when I'm too old to do anything. keep the withdrawal age at 55.
I need my epf at 55 as I have been a single parent for 16 yers without savings and i wont have an income if i have no employment after 55.
by raising the ceiling to 60 just shows you are the most inconsiderate, selfish and inhumane people. How sure we can all live to 60? After slogging for 50 years you expect me to part with money at 60 yrs old.
I want my money at 55 years old.
keep it at 55
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The EPF or KWSP, Malaysia, is proposing to raise the age of complete withdrawal of a member's contributions from 55 years to 60, in line with the current retirement age.
We EPF members want the withdrawal age of 55 to be maintained, but with the option for members to make complete withdrawal at age 60.
Many of us have been preparing for years to make the complete withdrawal at 55, either to retire early, pay off our outstanding financial commitments or invest in ventures to fund our post-retirement lives. The EPF cannot raise this age to 60 suddenly.
We ask that you sign this petition against raising the withdrawal age, to be submitted to the Malaysian Government. Please rope in your parliamentary representative in this effort as well.
We are aiming for at least 100,000 signatures - the EPF money is ours to use as we please and we want to take it out at age 55.
Keep it at 55, EPF!
Updates
Reached 100 supporters
April 22, 2015
93 Comments
Many already have plans especially for children education due to poor acceptance of non-bumis in public universities. Keep it at 55.
I want my EDF full withdrawal to stay & maintain at age of 55. EPF has no right to change existing option. They can Add New prosposal options but must sure is beneficial & profit for public retirement and not just self gain.
Age 55 years and beyong most of us are not so healthy so may need the money to buy medications and supplements.
I've worked since I graduated and have been saving money in EPF mainly vecause my dad whi was a pensioner said one day when you are 55 yesrs old you can take your hard earned money and enjoy life. that is MY hard earned money and I want to enjoy it at 55. Not 60 or 65. what's to stop the govt from changing the age limit a few years from? how am I suppose to enjoy my money when I'm too old to do anything. keep the withdrawal age at 55.
I need my epf at 55 as I have been a single parent for 16 yers without savings and i wont have an income if i have no employment after 55.
by raising the ceiling to 60 just shows you are the most inconsiderate, selfish and inhumane people. How sure we can all live to 60? After slogging for 50 years you expect me to part with money at 60 yrs old.
I want my money at 55 years old.
keep it at 55
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Many already have plans especially for children education due to poor acceptance of non-bumis in public universities. Keep it at 55.