Things To Know About EPF

In Malaysia, it is compulsory for employers to pay monthly 12% – 13% EPF contribution for their employees, and 11% contributed from employeeโ€™s monthly salary (7% in year 2020).


๐‡๐จ๐ฐ ๐œ๐š๐ง ๐ฐ๐ž ๐ฎ๐ฌ๐ž ๐ญ๐ก๐ž ๐ฌ๐š๐ฏ๐ข๐ง๐ ๐ฌ?


EPF contribution will be separated into 2 accounts:


ใ€๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ ๐Ÿใ€‘:


  • 70% of total monthly contribution (employers + employees)
  • Savings can only withdraw after aged of 55 for retirement purpose

ใ€๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ ๐Ÿใ€‘:


  • 30% of total monthly contribution (employers + employees)
  • Savings can withdraw under several situation
    [Kindly refer to pictures for details]

๐‡๐จ๐ฐ ๐ญ๐จ ๐œ๐ก๐ž๐œ๐ค ๐ฆ๐ฒ ๐ฌ๐š๐ฏ๐ข๐ง๐  ๐›๐š๐ฅ๐š๐ง๐œ๐ž?


  • Members can check their saving balance via
    (๐น๐‘œ๐‘Ÿ ๐‘“๐‘–๐‘Ÿ๐‘ ๐‘ก ๐‘ก๐‘–๐‘š๐‘’ ๐‘ข๐‘ ๐‘’๐‘Ÿ, ๐‘Ÿ๐‘’๐‘”๐‘–๐‘ ๐‘ก๐‘Ÿ๐‘Ž๐‘ก๐‘–๐‘œ๐‘› ๐‘๐‘Ž๐‘› ๐‘๐‘’ ๐‘‘๐‘œ๐‘›๐‘’ ๐‘Ž๐‘ก ๐ธ๐‘ƒ๐น ๐‘๐‘Ÿ๐‘Ž๐‘›๐‘โ„Ž๐‘’๐‘ .)