Malaysia aims for 60% of EPF members to reach RM390,000 savings by 2030

Malaysia aims for 60% of EPF members to reach RM390,000 savings by 2030

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Malaysia plans to enhance its Retirement Income Adequacy framework to ensure that six in ten Employees Provident Fund members achieve the basic savings benchmark of RM390,000 by age 60 by the year 2030. This initiative reflects efforts to improve retirement preparedness among the Malaysian workforce.

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Originally published by gnews