Finance Ministry states this on Parliament website on Tuesday replying to question by Abd Ghani Ahmad (PN-Jerlun) who wanted to know contributors’ flexible account renewal status as of May 11
With the new Flexible Account being implemented, experts warn public against revealing too much information as it opens up opportunities for scammers, criminals
Effective May 11, EPF members below the age of 55 will see their accounts restructured into three categories: Akaun Persaraan, Akaun Sejahtera, and Akaun Fleksibel.
This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source