IT never goes down well, leaders telling citizens how to manage their finances. Especially when the public are more familiar with leaders who live lavish lifestyles than with those who live humbly. The latest advice to the urban masses is that living on RM3,000 a month is “manageable”, provided one stops subscribing to Astro and […]
Employees Provident Fund
MTUC satisfied with EPF explanation on lower payout
KUALA LUMPUR, 17 March 2009: The Malaysian Trades Union Congress (MTUC) has accepted the explanation given by the Employees Provident Fund (EPF) on the lower dividend payout. MTUC secretary-general G Rajasegaran said the EPF management and chairperson Tan Sri Samsudin Osman had given a detailed briefing to the congress’ officials before they made the announcement. […]
EPF declares 4.50% dividend for 2008
KUALA LUMPUR, 16 March 2009: The Employees Provident Fund (EPF) has declared a dividend of 4.50% for 2008, lower than the 5.8% in 2007. The lower dividend rate is due to the increase in investment provisioning resulting from the sharp decline in global equity prices brought about by the worldwide financial crisis, the pension fund […]
Forms to maintain 11% EPF contribution available now
KUALA LUMPUR, 1 Dec 2008: Employees Provident Fund (EPF) members who wish to maintain their monthly contribution rate at 11% can obtain the forms from all EPF branches or download it from the myEPF website at www.kwsp.gov.my beginning today. Fully completed form KWSP 17A (AHL) Khas can be submitted to the respective employers for onward […]
