EPF increases Haj withdrawal limit to RM10,000 starting 1st January

The Employees Provident Fund (EPF) announced the increase of haj withdrawal limit from RM3,000 to RM10,000 from Akaun Sejahtera yesterday, aimed to assist members on their pilgrimage journey. 

Bernama reported, EPF requires members to verify their balances in Tabung Haji’s savings accounts before the government body can determine the eligible withdrawal amount to be removed, thereby simplifying the process and enabling the members to plan their haj more effectively. 

Aside from that, EPF also introduced a series of other policy and product enhancements aimed at strengthening retirement adequacy, expanding social protection coverage and enhancing the overall member experience.

For example, i-Saraan Plus– a voluntary contribution facility dedicated for e-hailing and p-hailing drivers – now has a higher government matching incentive of up to RM600 annually and is subject to a lifetime cap of RM6,000.

Concurrently, the eligibility age for i-Suri will be extended from 55 to 60 as the government’s matching incentive will be continued at 50 percent of annual contributions, subject to a yearly cap of RM300 and a lifetime cap of RM3,000.

The initiatives will help members to support their current needs as seen fit, while ensuring that their retirement fund is not fully compromised. (photo credit: Malaysiakini)

The Retirement Income Adequacy (RIA) was also announced, coming into effect on 1st January 2026 with three savings tiers such as the Basic Savings (RM390,000), Adequate Savings (RM650,000) and Enhanced Savings (RM1.3 million) that serves as guidance for retirement planning. 

In parallel to the Enhance Savings level, EPF will enhance its withdrawal policy for savings exceeding RM1 million, that will allow members below the age of 55 to flexibly manage excess funds after meeting retirement needs.

This follows the increase of the excess savings limit allowed for withdrawal that will be implemented gradually at RM100,000 every year over the course of three years, starting from RM1.1 million in 2026.

At the same time, the eligibility threshold for the Members Investment Scheme (MIS) will be aligned with the Basic Savings level.

EPF said, the minimum savings quantum for MIS eligibility will be revised in stages to ensure that excess funds used for investment do not affect members’ basic retirement needs.

Other initiatives also include i-Simpan for self-contribution and i-Topup for voluntary excess contributions from amounts exceeding the statutory rate, aimed at encouraging voluntary savings and complement existing contribution facilities such as i-Saraan, i-Sayang and i-Suri.