KOTA KINABALU, Oct 7 (Bernama) -- About 80 per cent of the 1.14 million Employees Provident Fund (EPF) members in Sabah have savings of less than RM50,000, with informal sector workers among those struggling to make regular contributions.
Business : 80 Pct Of Sabah EPF Members Have Savings Below RM50,000
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Key takeaways
About 80% of Sabah's EPF members have savings below RM50,000, with informal workers facing challenges in contributing regularly.
- 80% of Sabah's 1.14 million EPF members have savings under RM50,000.
- Informal sector workers, like fishermen and farmers, struggle with regular contributions.
- Only 20% of Sabah EPF members have made beneficiary nominations.
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- Bernama Business : 80 Pct Of Sabah EPF Members Have Savings Below RM50,000 (this story)
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