PUTRAJAYA: A total of 59,230 contributors have applied for Employees' Provident Fund (EPF) Account 2 Support Facility (FSA2) as of Tuesday (April 11) since it opened on April 7, with only 27,705 eligible, says Datuk Seri Ahmad Maslan.
"Those who are not eligible are because they are under 40 years old, as we have said that only those aged 40 and above are eligible," the Deputy Finance Minister told the media after visiting the Accountant-General's Department here Wednesday .
Ahmad said that although the government does not allow the withdrawal of EPF even though there is a suggestion that it be given to members who are really desperate as the withdrawal of EPF is only allowed for the purposes of housing, education, health, certain protection plans such as chronic illness and a maximum of RM3,000 to cover Haj cost.
Titiwangsa MP Datuk Seri Johari Abdul Ghani was previously reported to have said that it is easier to allow people to withdraw their EPF savings than to use them as collateral for loan applications.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EPF Account 2 not collateral to a bank - Ahmad MaslanPARLIAMENT | He says bank can't use borrower’s EPF savings if loan instalments not paid.
Read more »
Ahmad Maslan: EPF Account Two support facility not collateral to a bankKUALA LUMPUR, April 10 — The Employees’ Provident Fund (EPF) Account Two support facility is not in the form of collateral offered by a borrower to a bank, said Deputy...
Read more »
Fasiliti Sokongan Akaun 2 KWSP bukan cagaran kepada bank, kata Ahmad Maslan | The Malaysian InsightKatanya, pihak bank tidak boleh menggunakan simpanan peminjam KWSP sekiranya ahli atau peminjam gagal membayar ansuran pinjaman.
Read more »
Saran rakyat berniaga daripada keluarkan KWSP - Ahmad Maslan“Mungkin lepas kali kelima, minta lagi kali keenam dan ketujuh. Kalau (kerajaan) nak popular, luluskan sahaja. Tetapi kita ingin menjadi kerajaan yang bertanggungjawab maka kerajaan tidak menerima usul yang dibentangkan,” katanya.
Read more »
Rakyat disaran berniaga daripada keluarkan KWSP – Ahmad MaslanKenyataan Datuk Seri Ahmad Maslan itu sekali gus menolak usul pengeluaran KWSP bersasar yang dibahaskan di Dewan Negara.
Read more »