How many EPF members met the RM390,000 savings target by May 2026?

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3.04 Million EPF Members Achieved Basic Savings Target by May 2026

As of May 31, 2026, a total of 3.04 million formal active Malaysian members of the Employees Provident Fund (EPF), aged between 18 and 60, had met the retirement savings target of RM390,000, which is considered sufficient for a "basic" retirement lifestyle. This figure represents 38.3 per cent of the total 7.94 million members in that age category.
Increase in Savings Achievement

The number of EPF contributors who have achieved the Basic Savings target by age shows an encouraging increase. This is compared to May 31, 2025, when 2.71 million formal active members, or 35.0 per cent of the 7.74 million members in the same age bracket, had reached this goal.
EPF Measures Contribute to Growth

Deputy Finance Minister Liew Chin Tong attributed this rise in savings adequacy to various measures implemented by the EPF in recent years. These initiatives have focused on expanding opportunities for voluntary savings top-ups, which have directly contributed to an increase in members' overall retirement funds.
Definition of Savings Adequacy

The EPF measures savings adequacy by assessing whether contributors have met the Basic Savings target established for their specific age group. The RM390,000 benchmark is the defined threshold for individuals to reach by the age of 60 to support a basic retirement.

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How many EPF members met the RM390,000 savings target by May 2026?

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