EPF

recent news about the new "private" retirement plan which is open to all malaysian...
then EPF did some action to "support" this new non-fixed dividend payout plan...
it can declare 0% dividend...

EPF will fix the payout to 2.5% p.a for those account with RM 1mil...
one of my lecturer told us that EPF will also reduce its dividend payout in overall too...
EPF try to "HALAU" it account holders...

bro and sis...
be ready to manage your own finance ba...
EPF cant help you to maintain you lifestlye after your retirement...
this is also one of the step in Economic Transform Program (ETP)..

luckily i never hope EPF to take care of me at all...