A Malaysian has sparked conversation online after joking that the EPF system seems to be “targeting” him, just as he is about to hit a major financial milestone.
In a recent Threads post, the individual shared that he is projected to finally reach RM1 million in savings by 2026, which would allow him to withdraw excess funds from his EPF account.
Excess savings threshold threshold to increase starting 2026
However, there is a catch, under the revised structure by the Employees Provident Fund Malaysia (EPF), the excess savings threshold will increase by RM100,000 every year starting 2026.
According to the schedule, the excess savings threshold will be set at RM1.1 million in 2026, before increasing to RM1.2 million in 2027 and RM1.3 million in 2028.
I’m finally projected to hit RM1 million in 2026 which means I can withdraw excess EPF savings. But the threshold is increased RM100k every year onwards starting 2026. I feel like the system is targeting me.”
He added laughing and teary emojis to show he was joking, but the sentiment struck a chord with many Malaysians who are working towards similar retirement goals.
Aside from ranting about the system, the OP also shared how he built his EPF savings after other netizens raised questions.
He shared that he worked hard for 15 years, fighting for increments, bonuses, and promotions.
“I work hard to get increment, bonus and promotion. Also changed company few times (not too many times) good luck sir! Bonus comes with EPF too!”
Netizens react
Online, reactions were mixed. Some sympathised, saying it feels frustrating when targets change just as they are within reach.
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