Massive withdrawals of RM3.12 billion in Q2 2015 from EPF

A total of RM3.12bil was withdrawn under the Employees Provident Fund’s (EPF) “Flexible Age 55 Withdrawal” scheme in the second quarter of 2015. It said on Monday this was an increase of 72.3% from the RM1.81bil in Q2, 2014 and also higher by 16.4% from RM2.68bil in Q1 2015.The EPF also said in Q2 2015,…