PETALING JAYA: The Finance Ministry has confirmed that the Employees Provident Fund (EPF) is working towards removing all conditions for the i-Sinar withdrawal facility, says its minister Tengku Datuk Seri Zafrul Tengku Aziz. Tengku Zafrul said the removal of conditions will allow EPF members under the age of 55 to withdraw from their Account 1 funds, subject to their existing balance. He said the ceiling amount for withdrawal from Account 1 as well as the maximum six-month payment schedule of the amount withdrawn, however, will remain. "Due to system and internal process changes required for i-Sinar online, it will take the EPF some time to implement these latest updates. "The fund will announce further details soon and the government appreciates members’ patience and understanding while these changes are being made," said Tengku Zafrul.

Source: The Star February 11, 2021 11:04 UTC