SHAH ALAM, Feb. 28 -- The percentage of Employees Provident Fund (EPF) members who meet the basic target for their retirement savings has exceeded 40 per cent for the first time ever.

In newly-released figures today, EPF said 41.2 per cent of its active members - specifically Malaysians working in the formal sector - had in 2025 managed to reach RM240,000 in their EPF savings.

EPF CEO Ahmad Zulqarnain Onn said the retirement fund had been tracking this figure since 2007, and this is the "first time since we have been tracking the number" that more than 40 per cent were able to hit the Basic Savings target.

"We know we have a lot of work to do towards this, but directionally I think we are moving in the right direction," he said in a me...