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

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3.04 million EPF members have achieved the RM390,000 savings target by May 31, 2026
As of May 31, 2026, 3.04 million formal active Malaysian EPF members aged between 18 and 60 have achieved the Basic Savings target of RM390,000 by age 60. This figure was stated by Deputy Finance Minister Liew Chin Tong in the Dewan Rakyat on July 6.
The number of members meeting the RM390,000 target
The RM390,000 Basic Savings target by age 60 has been reached by 3.04 million members as of May 31, 2026. These are formal active Malaysian members in the 18 to 60 age bracket.
The age range and target benchmark used
The adequacy measure applies to contributors aged 18 to 60, assessed against whether they have achieved the Basic Savings target for their respective age group. The target amount highlighted for age 60 is RM390,000.
Share of the total members in the same category
The 3.04 million members represent 38.3 per cent of the total 7.94 million formal active Malaysian members aged between 18 and 60. The calculation was presented in Parliament alongside the target achievement figure.
Context on how the figure changed year-on-year
Liew also noted that this was an increase from 35.0 per cent, when 2.71 million out of 7.74 million members had achieved the Basic Savings target as of May 31, 2025. He attributed the rise to EPF measures over the past few years, including expanding channels for voluntary savings top-ups.

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

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