LGE: Special EPF account to be set up for Malaysia@Work

Published on 21 Nov 2019 1:02:10 PM

Finance Minister Lim Guan Eng said that a special Employees Provident Fund (EPF) account will be set up for eligible individuals to receive incentives under the new Malaysia@Work initiative that will roll out in the country in the second quarter of 2020.

He said the special account will allow for flexible fund withdrawal. Lim said this in his speech at the EPF's International Social Well-Being Conference 2019 in Kuala Lumpur on Thursday.