EPF revamp: Members below 55 will have three accounts

  • 26 days ago
A restructuring exercise by the Employees' Provident Fund (EPF) will see the EPF Account 1 being renamed as Account Persaraan (Retirement Account), Account 2 as Account Sejahtera and the formation of the new Account 3 or the flexible account, say sources.

The EPF Account 3 is expected to be announced by the end of April.

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