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EPF To Announce Details On New
Housing Withdrawal In December
07/09/2007 Bernama.com
KUALA LUMPUR, Sept 7 (Bernama) -- The Employees Provident Fund (EPF) will
announce details on the new monthly housing withdrawal in December.
In a statement here today, chief executive officer, Datuk Azlan Zainol, said
EPF supported the move.
"It allows our members, especially the lower income earners, to pay for
their monthly housing loans through the new withdrawal scheme.
"Currently, EPF allows members to withdraw their savings from Account Two to
buy or build a house, and to reduce mortgages.
"The new withdrawal, to be implemented in January next year, will enable
members to utilise their savings also from Account Two to pay for the
monthly instalments," he said. |
