![\"\"](\"https:\/\/apicms.thestar.com.my\/uploads\/images\/2026\/04\/11\/3854639.jpg\")
<\/p>\nPETALING JAYA: The majority of Employees Provident Fund (EPF) members who were eligible to make withdrawals from their Akaun Fleksibel opted not to do so up to October of last year.<\/p>\n
EPF\u2019s research report \u201cEnduring Today, Shaping Tomorrow: Akaun Fleksibel as a Financial Lifeline for Wellbeing\u201d stated that about 63% or 8.4 million people have left the funds untouched.<\/p>\n
It said that 44% had a sufficient balance in the account, while 56% were unable to withdraw money because of insufficient balance.<\/p>\n
\u201cAbout 37%, or five million members, have made at least one withdrawal between May 2024 and October last year.<\/p>\n
<\/p>\n
\u201cThe total amount was about RM16.6bil,\u201d it said, adding that there were about 13.3 million eligible members.<\/p>\n
The report also highlighted that about 4.1 million individuals transferred a total of RM14.5bil from their Akaun Sejahtera to Akaun Fleksibel during the one-time fund transfer option between May 11 and Aug 31, 2024.<\/p>\n
\u201cAnd by October last year, 81% of those who made withdrawals had less than RM500 left in their Akaun Fleksibel, while 6.2% had fully depleted their balances,\u201d it said.<\/p>\n
Akaun Fleksibel was launched in May 2024 to allow members to withdraw their funds at any time, provided they have a sufficient amount.<\/p>\n
The report also indicated that members earning less than RM3,000 per month accounted for the largest proportion of withdrawals, at 51.1%.<\/p>\n
\u201cA survey found that withdrawals by 14,204 members from Akaun Fleksibel between May 2024 and June 2025 were largely for essential needs.<\/p>\n
\u201cThese included daily necessities, health-related expenses, emergencies, debt and investment obligations, and seasonal or lifestyle spending,\u201d it added.<\/p>\n","protected":false},"excerpt":{"rendered":"PETALING JAYA: The majority of Employees Provident Fund (EPF) members who were eligible to make withdrawals from their…\n","protected":false},"author":2,"featured_media":430158,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[177],"tags":[164453,168365,79,18,29249,191562,191557,19,191558,17,191561,234,235,191560,191559,79437],"class_list":["post-430157","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-akaun-fleksibel","tag-akaun-sejahtera","tag-business","tag-eire","tag-epf","tag-essential-needs","tag-financial-wellbeing","tag-ie","tag-insufficient-balance","tag-ireland","tag-may-2024","tag-personal-finance","tag-personalfinance","tag-rm14-5bil","tag-rm16-6bil","tag-withdrawals"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116383608026741355","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/430157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=430157"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/430157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/430158"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=430157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=430157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=430157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}