EPF do not pays dividends to savings reserved under housing loan monthly instalment withdrawal?

Last week I had received an email from a friend. The email content mainly is complain about EPF had cheated our money.

Why they said so? According to the email, for those who had apply for the withrawals of money from 2nd account to pay for monthly housing loan installment was cheated by EPF. The EPF will keep aside members' savings in a seperate accounts for this withrawals and EPF will not pays any dividends to the said amount.

Example: If you apply RM 50,000 for housing loan installment, monthly installment is RM800. So 1 year is RM9,600. So there are still remain RM40,400 in another account. Let say every year EPF has pay 5% interest. So RM40,400 x 5% = RM2,020. If the above statement is true, then you will lose RM2,020.

After reading this email, I quickly check at EPF website and you know what? EPF had made a statement that DIVIDEND will still pay to the balance of the said amount. So friends, sometime don't blindly believe the emails that you read. Check th truth before you made any statement that will confuse others.

You may link to EPF website to read the statement http://www.kwsp.gov.my/index.php?ch=p2news&pg=en_p2news_press&ac=2730.