Using EPF savings as collateral contradicts concept of retirement funds, says Dr Wee

KUALA LUMPUR: The proposal to use Employees Provident Fund (EPF) savings as collateral for bank loans may go against the original objective of retirement funds – which is to provide a financial safety net for retirees, says Datuk Seri Dr Wee Ka Siong (BN-Ayer Hitam). Read full story

Source : https://www.thestar.com.my/news/nation/2023/03/13/using-epf-savings-as-collateral-contradicts-concept-of-retirement-funds-says-dr-wee