EPF Contribution

• just read in the news that the Govt is allowing employees to reduce their contribution from 11% to 8%
• Finance Minister said "Assuming that only 50% of contributors take up the option, private spending is expected to go up by RM2.4bil".
• private spending is expected to go up, that's for sure
• but are we getting more (in quantity) necessities like food with the extra spending?
• might not even be enough to cover the inflation as prices of goods have gone so high lately
• what about our saving in EPF?
  
• lesser saving, lesser dividend
• are you taking this option?