EPF has not decided on allowing contributors to withdraw funds from Account 1 and is still discussing this proposal with the Finance Ministry.<br /><br />Its CEO Tunku Alizakri Alias said EPF would not mortgage the future of its members by making reckless decisions or be influenced on this issue.<br /><br />Tunku Alizakri also revealed that based on EPF statistics, a total of 43 percent or 5.38 million members under the age of 55 have savings of less than RM10,000 in Account 1.
