i-Sinar to shine brighter in hard times

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Ray of hope: People queueing up to submit their i-Sinar category 2 application form at the EPF branch in Puchong. — AZHAR MAHFOF/The Star PETALING JAYA: The i-Sinar facility is set to be relaxed further to give more Employees Provident Fund (EPF) members the option of withdrawing money from Account 1 to meet their living needs, say sources.They said the current withdrawal eligibility criteria of a 30% drop in income was quite limited in view of the existing movement control order and its effect on the economy and the general public. “We can loosen up the conditions a bit more, ” said one source, who added that new terms are set to be announced soon.Currently, members applying to withdraw their savings through the i-Sinar programme will need to fulfil at least one of two criteria, both of which require at least a 30% drop in income or salary before a withdrawal is allowed. Under t…