Low wages influencing inadequate EPF savings, says its chairperson

BernamaPublished: Oct 1, 2024 1:51 PM | Updated: Oct 1, 2024 1:53 PM

The low-wage structure is a significant factor behind the Employees Provident Fund's (EPF) inadequate savings.

EPF chairperson Mohd Zuki Ali said irregular contributions, particularly among those in informal or gig economy roles have exacerbated the situation.

“The growing shift towards..

Irregular contributions from informal or gig workers exacerbate situation, Zuki adds.

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