KUALA LUMPUR, April 10 -- Malaysians tapping into their Employees Provident Fund (EPF) savings under the Akaun Fleksibel facility are largely using the money to cover daily necessities, healthcare and debt repayments rather than discretionary spending, according to the pension fund's latest report.

A recent EPF report titled "Enduring Today, Shaping Tomorrow: Akaun Fleksibel as a Financial Lifeline for Wellbeing" said the withdrawal patterns point to growing financial pressures, with members relying on their retirement savings to manage recurring expenses and short-term cash flow needs.

A survey of 14,204 members who withdrew from Akaun Fleksibel between May 2024 and June 2025 found that most withdrawals were for essential and emergency...