Monday, March 14, 2022

stop the EPF withdrawal

 

The EPF withdrawal

The time not yet for most members

In the pandemic they want to get their cash

Believing it is the right time to have it


How many members still have funds in EPF?

Majority can't have enough to last a day

Who really want to withdraw their funds?

Maybe middle income groups can't cut down expenses


Every one suffers in the pandemic

The EPF funds are for the old age

It shouldn't be used to meet current setback

The members will suffer in long term


Will they cry again when they grow old?

When they see they don't enough funds to survive?

It is better to eat porridge in soy sauce

Live the hard way tomorrow will shine!


Selling assets to meet members withdrawals

It isn't right way to managing assets

When there is a crash on it, EPF will collapse

EPF should be honest of its funds in the banks


Those out of jobs don't wait for EPF funds

This can be the 4th withdrawal which members shouldn't touch

Go and find the dirty jobs to survive

In my area hawkers pay around $70-85 a day for helpers

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