Have you received the RM500 subsidy from the government?
In February last year, Prime Minister and Finance Minister Datuk Seri Anwar announced in his 2023 Budget speech that the government will provide assistance to CPF members aged 40 to 54 years old. CPF members who have less than RM10,000 in their CPF first account will be entitled to receive RM500 from the government.
To be eligible for the RM500 assistance from the government, you must fulfill 2 conditions. The 1st condition is age 40 to 54 years old and the 2nd condition is CPF 1st account deposit less than RM10,000.
According to the information provided by our netizen, the RM500 has been remitted to the member’s CPF account at the end of December. If you fulfill the above 2 conditions, you can check if you have received this RM500 subsidy via KWSP i-Akaun APP.
