![\"KWSP](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/04\/c9873ee8-2_menara_kwsp_epf_kwasa_damansara_moganraj_fmt_02032025-copy-2.webp.jpeg\"\/)
EPF members were given a one-time option to transfer funds from Akaun Sejahtera to Akaun Fleksibel between May 11 and Aug 31, 2024, based on their account balances.
\nPETALING JAYA: Most EPF members under the age of 55 had not tapped into their Akaun Fleksibel as of October 2025, according to the pension fund\u2019s latest research report.<\/p>\n
The report, \u201cEnduring Today, Shaping Tomorrow: Akaun Fleksibel as a Financial Lifeline for Wellbeing\u201d, indicated that 63% of the 13.3 million eligible members made no withdrawals. This translates to about 8.38 million members.<\/p>\n
However, nearly five million members, or about 37%, made at least one withdrawal between May 2024 and October 2025, withdrawing a combined total of RM16.6 billion.<\/p>\n
\u201cAmong non-withdrawers, nearly half, or 44%, had sufficient balances but did not make a withdrawal, while the remainder, or 56%, were unable to withdraw due to insufficient balances,\u201d EPF said.<\/p>\n
Launched in May 2024 as part of EPF\u2019s restructuring exercise, Akaun Fleksibel allows members to withdraw savings at any time, subject to the available balance.<\/p>\n
Contributions are split into three accounts: 75% into Akaun Persaraan, 15% into Akaun Sejahtera, and 10% into Akaun Fleksibel for flexible withdrawals.<\/p>\n
Members were also given a one-time option to transfer funds from Akaun Sejahtera between May 11 and Aug 31, 2024, based on their account balances.<\/p>\n
During this period, 4.1 million members transferred RM14.5 billion into Akaun Fleksibel, with 88.1% making at least one withdrawal by October 2025. The remaining 11.9% made no withdrawals, leaving about RM2.5 billion untouched.<\/p>\n
By October 2025, 80.9% of withdrawers had less than RM500 left in their Akaun Fleksibel, while 6.2% had fully depleted their balances.<\/p>\n
Only 4.4% retained more than RM2,000, underscoring the account\u2019s role as a short-term liquidity buffer rather than a savings pool.<\/p>\n
Income shapes withdrawal patterns<\/strong><\/p>\n Contributors earning below RM3,000 per month made up the largest share of withdrawers at 51.1%, but typically withdrew smaller amounts due to \u201cimmediate liquidity needs and limited savings balances\u201d, according to EPF.<\/p>\n In contrast, higher-income contributors earning RM10,000 and above made up only about 4% of those who withdrew funds, but contributed 17.7% of total withdrawal value.<\/p>\n Withdrawals largely for essentials<\/strong><\/p>\n EPF also surveyed 14,204 members who withdrew from Akaun Fleksibel between May 2024 and June 2025 and found that withdrawals were largely used for essential needs.<\/p>\n About 93% said the funds were used for daily necessities, 81.7% for emergencies, 74.4% for debt and investment obligations, and 73.3% for seasonal or lifestyle spending.<\/p>\n Food and daily essentials topped the list at 70.3%, including groceries, infant formula and diapers. Health-related expenses accounted for 58.7%, while debt repayment made up 56.6%.<\/p>\n Only 18.3% reported using funds for lifestyle purposes, suggesting that discretionary spending was limited.<\/p>\n","protected":false},"excerpt":{"rendered":"EPF members were given a one-time option to transfer funds from Akaun Sejahtera to Akaun Fleksibel between May…\n","protected":false},"author":2,"featured_media":883947,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3093],"tags":[249885,51,159484,52152,474,249886,54157,2499,3397,16,15,216896],"class_list":["post-883946","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-akaun-fleksibel","tag-business","tag-employees-provident-fund","tag-epf","tag-finance","tag-financial-behaviour","tag-liquidity","tag-personal-finance","tag-retirement-savings","tag-uk","tag-united-kingdom","tag-withdrawals"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116378697076800790","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/883946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=883946"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/883946\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/883947"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=883946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=883946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=883946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}