The retirement fund in Malaysia known as KWSP has had a lot of debates going on about it. Some users feel that it’s their right to withdraw their savings in it at any moment they choose. But, many feel in lieu of those financially irresponsible, it is not the best idea to allow withdrawals at any moment.
User Demands KWSP to Allow Early Withdrawals
Social media users say that for those in the work force, they’d receive a nice cut from their employers as well, and it won’t only be their own salaries going into there. Additionally, many feel that a solid retirement plan would be better than having elderly individuals who don’t have enough savings.
Some accuse others of wanting their children to subsidize their lifestyle when they’re older. Social media users disagree with this rhetoric as current fresh grads aren’t making enough money as it is, and supporting your entire family will take a good chunk out of your salary.
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