EPF to launch i-Legasi for parents to share savings with children

The Star

The Employees Provident Fund (EPF) will introduce the i-Legasi scheme, enabling contributors aged 55 and above to pass down their retirement savings to their children.  Speaking at the pension fund’s 2025 dividend briefing, EPF chief executive officer Ahmad Zulqarnain Onn said the scheme would allow members to transfer their savings "intergenerationally" to their children.  Read more at https://tinyurl.com/yf7dan3a  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:04Assalamualaikum warahmatullahi wabarakatuh

00:34Our job at the end of the day is to build a better retirement future for Malaysia

00:39The dividend rate is an important part of that story

00:43And even more important part is the culture and habit of savings

00:47To this end, we have cultivated a shelf of facilities for our members

00:52We have facilities to improve coverage

00:54Aisaraan, Aisayang and Aisuri

00:58We have facilities to improve adequacy

01:01Ais Top Up, Aisimpan, Ais Lindung and soon to be launched Ais Legacy

01:07Where we are allowing for members to do intergenerational transfer of their savings to their children

01:12And for the longevity of your money, we offer Pengeluaran Berkala

01:17I'll be the first to say that this is not the most memorable of names

01:20And we intend to rebrand this very soon

01:23Accompanied with both outreach and financial literacy programs

01:26To encourage retirees to treat their EPF savings as a source of income

01:31Rather than a source of wealth

01:33Thank you

01:39Thank you

01:40Thank you

01:42Hello

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