Malaysia eyes six in ten EPF members to hit basic savings benchmark of RM390,000 by 2030

Published on 29 Sep 2026 3:24:59 PM

Malaysia aims to increase the Retirement Income Adequacy framework to six in 10 Employees Provident Fund (EPF) members to reach the ‘Basic Savings’ benchmark of RM390,000 by age 60 by 2030.

Prime Minister Datuk Seri Anwar Ibrahim said currently, close to four in 10 members are now on track to reach the benchmark under the EPF's Retirement Income Adequacy framework.

Anwar's speech was read out by Finance Minister II Datuk Seri Amir Hamzah Azizan at the EPF's International Social Wellbeing Conference on Sept 29.

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Keywords
news, thestartv, the star, epf, anwar ibrahim, amir hamzah azizan, kwsp, savings, retirement scheme, funds, economy, ria framework

Keywords:
news, thestartv, the star, epf, anwar ibrahim, amir hamzah azizan, kwsp, savings, retirement scheme, funds, economy, ria framework