KUALA LUMPUR: The registration of new Employees Provident Fund (EPF) members has elevated by 57 per cent to 146,000 members in the first quarter of 2022, mentioned Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
He mentioned this was in line with EPF’s efforts to embark on a long-term technique to develop the social safety protection of Malaysians in an effort to strengthen the government-linked firms (GLC) help ecosystem.
“Currently, though numerous social safety initiatives have been launched and a few have obtained authorities funding, the typical consciousness of the significance of social safety and making ready for outdated age remains to be too low amongst a big quantity of Malaysians,” he mentioned on the Insurance and Takaful i-Lindung facility launch ceremony right here at this time.
Tengku Zafrul mentioned one of an important points was the strengthening of social safety and this accountability was given to the EPF when the federal government began implementing the GLC Transformation Programme. – Bernama