I presume all of us or rather most of us do contribute EPF as it is a must for everyone who is under employment and this is good as this will provide us the retirement fund when we retire at the age of 55. 

However, statistics show that most of us will not have enough for our retirement even if we can have  our EPf withdrawal when we retire at the age of 55 due to inflation and whereby we have to spend more for our daily necessities or rather living expenses.

Inorder to avoid this problem, Government has approved a scheme whereby you can use your epf money to invest with other privite approved unit trust company provided you meet the requrement.  For this requirement, it all depends on your age and your epf account one balance amount.  Once you meet this requirement, the unit trust consultant will then help you to fill up all the relevant forms and submit to Epf for approval on your behalf and so the procedure is easy and simple, without you having to go to EPF office.

By investing it with approved unit trust private company, you will get more return over a period of time and so it will help you to get more retirement fund at the age of 55.

It might be quite confusing for those who are new on this subject, but, you can always contact me if you need to know more, or you can leave your question in my enquiry column which you can find it in this website of mine.

Do plan and have a good retirement