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NEWS that at least 30% of Employees Provident Fund (EPF) contributors have used up their savings in the fund through the i-Sinar facility and have only RM100 left is a sign of larger problems, economists and analysts said.
Some point to the shortcomings of the EPF system, while others said it is slow wage growth that results in the amount of EPF savings not reaching the required level for a decent retirement.
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