Feb 062012

Effective from January 2012 onwards, employers in Malaysia should contribute 13 percent to their employees who aged less than 55 years old and monthly salary of RM5,000 or below. Previously, the employer’s share contribution rate is 12 percent. That means, the EPF new contribution rate will be effective for February 2012 contribution and there’re actually […]

Sep 112010

There were some chain emails which accused that KWSP is a scam especially on KWSP Nomination and KWSP Dividends on Monthly Housing Withdrawals. These chain emails had been circulating via email since last 2 years and will continue to spread again from time to time. KWSP Malaysia (Kumpulan Wang Simpanan Pekerja) has realized the seriousness […]

Jul 202010

EPF (Employees Provident Fund) or KWSP is a social security institution formed to provide retirement benefits for Malaysian citizens through management of their savings in an efficient and reliable manner. The total number of active and contributing members was 5.79 million as of 31 December 2009. The EPF ensures your savings are secure and receive […]

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