EPF New Basic Savings Effective January 2014

EPF New Basic Savings Effective January 2014

To Ensure Members’ Retirement Well-being

 

The Employees Provident Fund (EPF) today wishes to remind members that the revised Basic Savings will take effect on January 2014. The new quantum will set RM196,800 as the minimum amount members should have in their EPF account when they reach the age of 55.

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2014 First Term Training Schedule

How EPF makes money for dividend payment

Published: Saturday November 23, 2013 MYT 12:00:00 AM
Updated: Saturday November 23, 2013 MYT 12:45:20 PM

How EPF makes money for dividend payment

by jagdev singh sidhu

IT’S probably the one dividend rate most Malaysians will scrutinise. The rate will be dissected, debated and then the verdict from the people will be whether it’s satisfactory or poor.

That single dividend is what the Employees Provident Fund (EPF) announces yearly. Last year’s 6.15% was the highest in a decade but the challenge that the EPF faces is how to keep that going.

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