On allowing use of EPF savings as collateral for loans

• Main Author: Mohd Adnan, Normala
• Format: Article
• Language: English; English
• Published: The Malaysian Insight 2023
• Subjects: H Social Sciences (General); H96 Public policy (General), Policy sciences; HT Communities. Classes. Races; JF Political institutions (General); JF1338 Public administration
• Online Access: http://irep.iium.edu.my/106705/1/Is%20Using%20Employee%20Provident%20Fund%20a%20Prudent%20Step.docx; http://irep.iium.edu.my/106705/3/106705_On%20allowing%20use%20of%20EPF%20savings%20as%20collateral%20for%20loans.pdf; http://irep.iium.edu.my/106705/; https://www.themalaysianinsight.com/s/437660

Recently, Prime Minister Anwar Ibrahim announced a scheme for targeted withdrawals from the Employees Provident Fund (EPF) for those who experienced post-pandemic financial hardship. This has caused mixed feelings because the government had already allowed several withdrawals from EPF during the Cov...