Automotive KWSP for Flooded Car repair

Published on April 1st, 2022 | by Daniel Sherman Fernandez


Do Not Take Out RM10k From Your KWSP To Buy A Car Today

Withdraw this RM10k KWSP saving ONLY if you NEED it Please!

There will be many Malaysians rushing to withdraw RM10,000 from their Kumpulan Wang Simpanan Pekerja (KWSP) from today as the government has given the approval under ‘Kemudahan Pengeluaran Khas’ which can be done via the KWSP website at this address which will be active via the i-Akaun starting today the 1st of April 2022.

This is not an April’s Fool Joke as this is money that will be much needed by some Malaysians who have been affected by the recent flash flooding where their homes and belongings have been lost and then there are many others who had their cars submerged in the flash floods and had no ‘special perils’ insurance coverage to take care of the repair costs.

These are the people that should be withdrawing up to RM10,000 to assist in their recovery. Meanwhile, we are sure there will be many others who are having jobs, homes and cars that are all in 100 percent ok, but will still want to withdraw their ‘retirement money’ to spend on gadgets, smartphones and even a new car deposit.

These are the Malaysians that will in the future be left without any retirement money and will have to live on the edge.

We hope that this RM10,000 will be used wisely by you and not become an April’s Fool mishap to look back on some time in the future.

Please also be mindful that this special KWSP withdrawal is being allowed to assist you to keep moving forward and not to restore an old or classic car that you have dreaming about or to upgrade your current car with fancy seats or wide alloy wheels. This will NOT provide you with a better life today and will just make some car accessory shop owner or workshop owner very happy

KWSP for classic car repair

When you retire, your fancy seats and shiny alloy wheels will be all worn out and be worth probably 20 percent of its value or even nothing and how will you pay for food and internet?

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