Upon reaching age 55, our members officially enter retirement age. After years of growing your retirement savings, you now have the choice of how you want to manage your retirement funds, either to make a full withdrawal or flexible withdrawal.

About Age 55 Withdrawal​

Upon reaching age 55, the contributions made to your Account 1 and Account 2 will be consolidated into Akaun 55. You can withdraw all or part of the savings from this account at any time. Should you choose to continue working after the age of 55, all further contributions you make will be credited in your Akaun Emas, to be withdrawn only upon reaching age 60.

Pensionable Employees In Government Services

Before applying for this withdrawal, please be advised to ensure that the governments share has been returned to the Retirement Fund through your early government share calculation (Pre-PEN) application. This is to ensure that the government share has been returned to Retirement Fund (Incorporated) (KWAP) for gratuity and pension purposes.

For applicants aged 55 can apply for this withdrawal and Pre-PEN simultaneously. You may then withdraw the balance available in Akaun 55 and Akaun Emas after the return of the government share.

Who Can Apply

Who Can Apply

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Malaysians & Non-Malaysians​
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Aged between 55 to 59 ​
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Have savings in Akaun 55​​

Categories

  • Full withdrawal​
  • Partial withdrawal​
  • Monthly payment withdrawal
  • Combination of partial & monthly payment withdrawal​
  • Automatic dividend payment
  • Payment withdrawal to the appointed FMIs

What You Can Withdraw

Withdrawal Eligibility Malaysian Non-Malaysian (Become A Member before 1 August 1998) Non-Malaysian (Become A Member On/ After 1 August 1998)
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What You Need

With Mykad

A paragraph is a self-contained unit of a discourse in writing dealing with a particular point or idea. Paragraphs are usually an expected part of formal writing, used to organize longer prose.
A paragraph is a self-contained unit of a discourse in writing dealing with a particular point or idea. Paragraphs are usually an expected part of formal writing, used to organize longer prose.
A paragraph is a self-contained unit of a discourse in writing dealing with a particular point or idea. Paragraphs are usually an expected part of formal writing, used to organize longer prose.
A paragraph is a self-contained unit of a discourse in writing dealing with a particular point or idea. Paragraphs are usually an expected part of formal writing, used to organize longer prose.
Withdrawal Eligibility Malaysian Non-Malaysian (Became A Member Prior to 1 August 1998) heading

Requirements

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Malaysians/PR who have renounced their citizenship / PR OR Expatriate / foreign workers who are no longer employed / intend to leave Malaysia
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Have savings with the EPF
Note: Members who have reached the age of 60 are advised to make a Full Withdrawal at Age 60.

Additional documents required for Malaysian and Non-Malaysian Members

The required supporting documents may vary for Malaysian and Non-Malaysian Members. So, it's crucial to get all your documents right to pave your way to smoother applications.

Proof of Identity is needed when:
 
  • If passport number does not match EPF records
    Copy of old passport used when EPF account was registered
  • If original passport is not with the applicant
    Temporary travel permit from the Embassy of applicant’s country in Malaysia
  • If member’s particulars are incomplete or mismatched in EPF records
    Letter Confirming the Identification of Applicant  from employer*
    OR
    Letter Confirming the Identification of Applicant from applicant's embassy
    OR
    Verification Form of Member's Contribution** from employer
  • Marriage certificate/Birth certificate/relevant supporting documents
    If members' particulars in passport differs from EPF records

Who Can Apply

About Age 60 Withdrawal​

This withdrawal is an extension of the Age 55 withdrawal, intended for those opting for later retirement and continuing to work after turning 55. At age 60, all savings in Akaun 55 and Akaun Emas will be consolidated for withdrawal. You can choose to make a lump sum or partial withdrawal anytime to support your retirement.​

Pensionable Employees In Government Services

Before applying for this withdrawal, please be advised to ensure that the governments share has been returned to the Retirement Fund (Incorporated) (KWAP) through early government share calculation (Pre-PEN) application. This is to ensure that the government share has been returned to Retirement Fund (Incorporated) (KWAP) for gratuity and pension purposes.

For applicants aged 60 can apply for this withdrawal and Pre-PEN simultaneously. You may then withdraw the balance available in Akaun 55 and Akaun Emas after the return of the government share.

Who Can Apply

Who Can Apply

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Malaysians & Non-Malaysians​
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Aged 60 years and above 
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Have savings with the EPF​

Categories

  • Full withdrawal​
  • Partial withdrawal​
  • Monthly payment withdrawal​
  • Combination of partial & monthly payment withdrawal​
  • Automatic dividend payment ​
  • Payment withdrawal to the appointed FMIs​

What You Can Withdraw

Withdrawal Eligibility Malaysian Non-Malaysian (Become A Member to 1 August 1998) Non-Malaysian (Become A Member On/After 1 August 1998)
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Malaysians / PR who have renounced their citizenship / PR OR Expat / foreign workers who are no longer employed / intend to leave Malaysia
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Have savings with the EPF
No limit, subject to payment channel.

Additional documents required for Malaysian and Non-Malaysian Members

The required supporting documents may vary for Malaysian and Non-Malaysian Members. So, it's crucial to get all your documents right to pave your way to smoother applications.

Proof of Identity is needed when:
 
  • If passport number does not match EPF records
    Copy of old passport used when EPF account was registered
  • If original passport is not with the applicant
    Temporary travel permit from the Embassy of applicant’s country in Malaysia
  • If member’s particulars are incomplete or mismatched in EPF records
    Letter Confirming the Identification of Applicant  from employer*
    OR
    Letter Confirming the Identification of Applicant from applicant's embassy
    OR
    Verification Form of Member's Contribution** from employer
  • Marriage certificate/Birth certificate/relevant supporting documents
    If members' particulars in passport differs from EPF records

What You Need To Know

Age 55 & 60 Accordion

Additional Information

Age 55 & 60 (Payment/Reminder) Accordion

Payment Methods​

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  1. Local Payments

    a. Full payment in Ringgit Malaysia (RM) will be credited to your account
    If you hold an active account with our panel bank and your identification number matches the bank records.

    b. You will be issued a Bankers Cheque
    If payment to your bank account is unsuccessful.
     
  2. Overseas Payments

    a. Full payment will be made via Foreign Demand Draft in the currency of your choice
    If your preferred currency is included in our list of approved currencies.

    b. Full payment will be made via Foreign Demand Draft in US Dollars
    If your preferred currency is not available on our approved list.

Important Reminder​

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  1. Certify your documents
    Ensure ALL copies of documents have been certified and acknowledged by the authorised persons.
    (complete with name, designation and official stamp except for copies of documents which require certification by an EPF officer)

    Authorised Persons

  2. Double check your panel banks
    Refer to the list of EPF panel banks for direct crediting of payment into member’s account.

    EPF Panel Banks

  3. Submit to EPF
    Send your completed submissions at your nearest EPF Counter or mail it to the EPF.

    Find EPF Near You

  4. Need more information?
    Refer to our product brochure for additional information.

    Download Age 55 Brochure

    Download Age 60 Brochure


Who Can Apply

Asset Publisher

Death Benefit
Subject to EPF terms and conditions.
Tax Exemption
Subject to IRB terms and conditions.
Annual Dividend
Enjoy annual dividends on top of your retirement savings.
Special Incentive
Up to 15% of total contribution or max RM300 this year.

What You Need To Know