The Employees Provident Fund (EPF) recorded a total distributable income of RM19.20 billion for the first quarter (1Q) ended March 31, 2024, marking a 33.1 percent increase from RM14.42 billion in the same quarter of 2023.

This distributable income excludes mark-to-market gains from unrealised securities, the EPF said in a statement today.

EPF chief executive officer Ahmad Zulqarnain Onn said that...