h" z8 a+ L8 fHUGE EPF WITHDRAWALS SHOW HARDSHIP, LACK OF CONFIDENCE: RM3.12 bil taken out in Q2公仔箱論壇 {0 F. y2 ^7 J# K* B/ L
; x$ J/ c; S6 }os.tvboxnow.comKUALA LUMPUR: A total of RM3.12bil was withdrawn under the Employees Provident Fund’s (EPF) “Flexible Age 55 Withdrawal” scheme in the second quarter of 2015. 7 K' d- X1 h' g* Cos.tvboxnow.com / W3 L/ c. F% |: F: Q9 O5 i. u& LIt said on Monday this was an increase of 72.3% from the RM1.81bil in Q2, 2014 and also higher by 16.4% from RM2.68bil in Q1 2015.The EPF also said in Q2 2015, a total of 80,890 applications for “Flexible Age 55 Withdrawal” was approved. This was an increase of 36.23% from a year ago at 59,379 (77,865 in Q1 2015).; O5 i3 z$ }! t& V+ Q
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Meanwhile, the total number of approved applications for members participating in the EPF Members’ Investment Scheme (EPF-MIS) increased 39.78% in Q2 2015 to 151,666 applications approved, compared with 108,503 a year ago.“The amount of investment made during the quarter was RM1.55bil, up 29.24% from RM1.20bil in Q2 2014,” it said.