EPF has announced several policy and product changes that will come into effect from 1 January 2026. The main focus is to strengthen retirement savings, expand social protection, and enhance member experience.
One of the notable changes is the increase in the withdrawal limit for Hajj purposes from RM3,000 to RM10,000. This move is intended to assist members who have accepted an offer to perform Hajj from Lembaga Tabung Haji to cover the increasing costs.
The Tabung Haji account balance verification process will also be abolished, simplifying applications and allowing members to plan their Hajj pilgrimage more smoothly.
In addition, EPF will introduce i-Saraan Plus, specifically for e-hailing and p-hailing drivers. This programme offers a government matching incentive of up to RM600 per year, with a lifetime limit of RM6,000.
Eligible drivers will be automatically registered by their respective platforms to facilitate contribution deductions.
The i-Suri eligibility age has been extended from 55 to 60 years, in line with the country’s minimum retirement age. The government matching incentive remains at 50% of annual contributions, with a limit of RM300 per year and RM3,000 for life.
The Retirement Income Framework (RIA) effective 2026 introduces three levels of savings: Basic (RM390,000), Adequate (RM650,000), and Enhanced (RM1.3 million).
The EPF is adjusting its withdrawal policy for savings above RM1 million by allowing members under 55 years of age to manage excess funds more flexibly. The excess withdrawal limit will increase in stages by RM100,000 per year for three years, starting at RM1.1 million in 2026.
In line with this, the Member Investment Scheme (MIS) eligibility will be adjusted according to the Basic savings level so that investments do not interfere with basic retirement needs. This reflects the EPF’s efforts to balance flexible access and long-term savings protection in an environment of rising cost of living.
In addition, the EPF has introduced new names for voluntary contributions, namely i-Simpan (for self-contribution) and i-Topup (voluntary surplus contributions). This new name complements the existing product range such as i-Saraan, i-Sayang, i-Suri and Top-Up Retirement Account.
