The EPF Debate: Balancing Economic Growth and Social Security
Ng Sze Fung, Research Officer, REFSA
10-May-23 14:00
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There have been quite a bit of news lately surrounding EPF. Last week, Prime Minister Datuk Seri Anwar Ibrahim said the Cabinet would discuss a proposal to raise employers' contribution to 20% on their respective employees’ EPF accounts. A couple of days ago, the PM called for the EPF to aim for the retirement fund to shift its investment portfolio to comprise 70% of domestic investments by year-end. We unpack this with Ng Sze Fung, Research Officer, REFSA.
Image Credit: Shutterstock
Produced by: Dashran Yohan
Presented by: Dashran Yohan
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Categories: economy, Family/Parenting, personal development, government
Tags: epf, retirement savings, pension, social security, anwar ibrahim,