What is the EPF savings achievement rate for formal active Malaysian members?

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EPF Basic Savings Target Achieved by 38.3% of Formal Active Members

As of May 31, 2026, a total of 3.04 million formal active Malaysian members, representing 38.3% of the 7.94 million members in this category aged between 18 and 60, have successfully met the Employees Provident Fund's (EPF) Basic Savings target. This target is set at RM390,000 by the age of 60, which policymakers estimate is sufficient for a basic retirement lifestyle.
Number of Members Achieving Basic Savings Target

The EPF reported that 3.04 million formal active Malaysian members had reached the RM390,000 Basic Savings target by May 31, 2026. This figure constitutes 38.3% of the total 7.94 million active members within the 18 to 60 age bracket.
Definition of Basic Savings Target

The Basic Savings target is the benchmark used by the EPF to measure savings adequacy for its members. It is defined as the amount considered sufficient to support a basic retirement lifestyle from the age of 60 onwards. For the age group of 18 to 60, this target is set at RM390,000.
Increase in Achievement Rate

This latest figure indicates a positive trend in retirement savings, with an increase from the previous year. As of May 31, 2025, 2.71 million formal active Malaysian members, or 35.0% of the 7.74 million members in the same age category, had achieved the Basic Savings target.

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What is the EPF savings achievement rate for formal active Malaysian members?

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