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The government will not allow workers to withdraw more of their mandatory retirement savings to tide them over yet another crisis. – The Malaysian Insight file pic, January 4, 2022.

THE National Union of Bank Employees (NUBE) today lauded the government’s decision to stop allowing people to withdraw their Employees Provident Fund (EPF) savings before retirement.

NUBE secretary-general J.Solomon said that people needed to dip into their retirement funds to tide them over a crisis was sign of an incompetent government.