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By 48smartever

Private Retirement Scheme (PRS) Youth Incentive

Studies by KWSP found that, of the 13 million KWSP contributors in Malaysia, only 7.36% have an excess of RM 150000 in savings at 55, while 70.89% have less than RM 50000. It was also found that 50% of retirees deplete their EPF savings in the first five years and have to rejoin the workforce...

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