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KUALA LUMPUR (Bernama) – The Employee Provident Fund (EPF) will announce the details of access to the installation of the member’s Account 1, known as i-Sinar, on November 18, 2020 (Wednesday).
The EPF in a statement today said that i-Sinar, which is in the process of adjustment, was the result of an in-depth consultation with stakeholders so that affected members can get through this difficult time and secure their retirement savings. for future well-being.
“The EPF is confident that the amount that can be accessed from i-Sinar along with the maximum withdrawal of RM 500 per month from Account 2 of the i-Lestari facility (launched in April 2020), will allow Affected members fend for themselves in the short term, “he said.
i-Sinar is an extension of the i-Lestari recall facility that has now reached an estimated total recall of RM30 billion and will end in March 2021.
Applications for i-Sinar can be made from December 2020 and the amount will be credited to members’ bank accounts from January 2021.
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