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02 October 2016

[EPF-MIS] Revised Basic Savings Table and Calculation effective Jan 2017


Attention to all EPF members investment scheme (MIS) members, EPF has just announced that they will revised the basic savings threshold before a member can withdraw for investment purpose effective Jan 2017.



According to EPF, the basic savings refer to the amount that is considered sufficient to support members’ basic retirement needs for 20 years from age 55 to 75 aligned with the Malaysian life expectancy.