i-Saraan

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๐ข-๐’๐š๐ซ๐š๐š๐ง โ€“ ๐„๐๐… ๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ ๐ฐ๐ข๐ญ๐ก ๐Ÿ๐Ÿ“% ๐’๐ฉ๐ž๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐œ๐ž๐ง๐ญ๐ข๐ฏ๐ž๐ฌ

Voluntary Contribution with Retirement Incentive (๐ข-๐’๐š๐ซ๐š๐š๐ง) allows EPF member who are self-employed to make voluntary contributions. And now, government are providing an additional 15% contribution for participants in this project.

FAQ for i-Saraan

1.๐–๐ก๐š๐ญ ๐ข๐ฌ ๐ข-๐’๐š๐ซ๐š๐š๐ง?

It is an EPF retirement incentive that encourage self-employed to make voluntary contributions.

2. ๐–๐ก๐š๐ญ ๐›๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐œ๐š๐ง ๐ˆ ๐ ๐ž๐ญ ๐ข๐Ÿ ๐ˆ ๐ฃ๐จ๐ข๐ง๐ž๐?

Contribute according to your own time and within your own financial ability

Enjoy tax relief up to RM6000

Receive additional special incentive of 15% subject to a maximum of RM250 annually

For example ,if your contribution is RM1,000, then RM1,000 ร— 15% = RM150, you will receive RM150 as special incentive.
If your contribution is RM2,000, although RM2,000 ร— 15% = RM300, you can only receive RM250 as it is the maximum incentive provided.

3. ๐–๐ก๐จ ๐ข๐ฌ ๐ž๐ฅ๐ข๐ ๐ข๐›๐ฅ๐ž?

Self-employed individuals who are registered EPF member and ๐ฐ๐ก๐จ ๐ก๐š๐ฌ ๐ง๐จ ๐Ÿ๐ข๐ฑ๐ž๐ ๐ข๐ง๐œ๐จ๐ฆ๐ž, includes the following:

  • Farmers/Fishermen/Taxi Drivers
  • Small Business Owners/Hawkers/Night Market Traders
  • Babysitters
  • Commission-receiving agents (e.g. insurance agents, real estate agents)
  • Freelancers (e.g. those who receive payment for services including deejays, singers, actors, fitness instructors, consultants)
  • Business Owners (sole proprietors/partners) involved in the trading of goods and services
  • Online Business Owners
  • Professionals with their own practice (e.g. accountants, doctors, lawyers)
  • Housewives

4. ๐‡๐จ๐ฐ ๐ญ๐จ ๐š๐ฉ๐ฉ๐ฅ๐ฒ?

Complete KWSP 16G(M) and KWSP 6A(2) form and submit to EPF counter.
(Both forms are included in the pictures)