KUALA LUMPUR: The usage of Employees Provident Fund's (EPF) flagship electronic service, i-Akaun, surged 83.45% to 11.09 million in the third quarter of 2018 (Q3 2018) versus 6.04 million in the same period a year ago. “This is in line with our strategic thrust to have no less than 80% of our members to use our self service channels. During the quarter under review, the total number of approved applications for all withdrawals increased 6.93% to 616,835 from 576,836 in Q3 2017. The amount withdrawn, however, decreased slightly to RM11.52mil from RM11.68mil recorded in the corresponding period last year. At end-Sept, the number of EPF members totalled 14,091,141 out of which 7,196,502 were active contributors, with 138,376 newly registered members.

Source: The Star December 27, 2018 11:48 UTC