Prime Minister Tan Sri Muhyiddin Yassin has announced PEMULIH, a series of financial aid for Malaysians to help soften the blow of the ongoing Movement Control Order (MCO) extension due to the COVID-19 pandemic.

As part of the PEMULIH aid package, the prime minister announced that the EPF (Employees Provident Fund) has introduced i-Citra, another withdrawal scheme to help alleviate the financial worries that are burdening their members.

“i-Citra is being introduced in response to the challenges that EPF members are facing and was developed after careful consideration on how best to assist affected members while upholding the EPF mandate,” EPF said in a statement adding that they “acknowledge the need to balance current demands against future needs and facilitate temporary relief for members amid the pandemic”.

Under the i-Citra programme, EPF members will be able to withdraw up to RM5000, which will be paid out in installments of RM1000 monthly.

Here’s everything that you need to know regarding the i-Citra withdrawal scheme.

  • Maximum amount of RM5000 can be withdrawn. Payment will be spread out over 5 months, in RM1000 installments per month.
  • Unlike previous withdrawal schemes, i-Citra allows for withdrawal from both Account 1 and Account 2.
  • A minimum of RM100 is required in your account after withdrawal, and a minimum value of RM50 for each payment.
  • Members who had previously applied for i-Lestari and i-Sinar can still apply for i-Citra.

Are you eligible for i-Citra?

Every EPF member aged 55 and below can apply for i-Citra, if you have at least RM150 in your EPF accounts at the time of application. 

However, members will need to keep a minimum of RM100 in their Account 1 after withdrawal to maintain their EPF member status and qualify for death and disability benefit.

When will I receive my i-Citra payment?

The payment will be spread over 5 months, starting from August 2021 to February 2022.

When and where can I apply for the i-Citra withdrawal scheme?

Applications can be made from 15th July 2021, on this link

For more information regarding the i-Citra programme, you can head to the i-Citra FAQ page here.

Earlier, EPF had also announced how members who withdraw from their Account 1 will have 100% of their future contributions directed into Account 1 until the amount they withdrew has been fully topped-up again. This amount includes the previous i-Sinar withdrawals as well. 

It is important for members to replace their EPF savings to a level that can meet their retirement needs in future. This is in line with the EPF’s mandate in safeguarding members’ retirement funds.

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