EPF

THE Employees Provident Fund (EPF) said it will support the government’s proposal under the 13th Malaysia Plan (13MP) to study the introduction of a monthly pension payout scheme for members, while affirming that existing withdrawal mechanisms remain in place for now.

The proposed mechanism, which aims to enhance retirement income security, is being evaluated as part of ongoing policy deliberations.

According to the 13MP report released on July 30, the new scheme would split EPF contributions into two components — retirement savings and a pension — allowing members to receive part of their funds in a lump sum while drawing a monthly pension upon reaching retirement age.

In a statement issued today, the EPF said, “The proposal is currently being studied, and any decision will be made only after thorough engagement with key stakeholders and careful consideration of members’ long-term interests.”

The fund reiterated that “the current EPF rules and withdrawal mechanisms remain unchanged”, and assured members that any updates would be announced through official channels in a timely manner. — TMR

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The post EPF supports study on monthly pension payout option for members appeared first on The Malaysian Reserve.

EPF’s investment strategy is built on a disciplined and diversified approach aimed at delivering sustainable returns across market cycles (Pic by Hussein Shaharuddin)

by AKMAR ANNUAR

THE Employees Provident Fund (EPF) posted RM18.31 billion in investment income for the first quarter of 2025 (1Q25), marking a 13% year-on-year (YoY) decline from RM20.99 billion recorded in 1Q24.

In a written reply published on the Dewan Rakyat portal, the Finance Ministry (MOF) clarified that the decline in EPF’s investment income was mainly due to weaker equity market performance and was unrelated to any divestment of foreign assets or increased domestic equity investments undertaken to support the ringgit.

“The weaker performance was largely driven by rising global trade tensions and the unpredictable trade policies of the US,” MOF said.

The statement came in response to a query from Tanjong Karang MP Zulkafperi Hanapi, who asked about the reasons behind EPF’s lower investment income and whether it was linked to overseas divestments.

Equities continued to account for the lion’s share of EPF’s portfolio, contributing RM10.81 billion or 59% of total investment income during the quarter — a decrease from RM14.02 billion in the same period last year.

The fund’s investment direction remains unchanged, with the Strategic Asset Allocation serving as a guide to deliver sustainable outcomes over time.

EPF’s investment strategy, it added, is built on a disciplined and diversified approach aimed at delivering sustainable returns across market cycles.