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Posts Tagged ‘epf contribution’

Worker Has RM120,000 in EPF After 30 Years

Zul • July 22nd, 2008 • All Things Malaysia

An average worker who works until 55 years old, spanning an approximate period of 30 years will accumulate about RM120,000 (US$38,900) saving in his EPF account.
The figure was tabled by the Deputy Finance Minister Datuk Seri Ahmad Husni Hanadzlah in the Dewan Negara yesterday.
Rough numbers had been used to come up with the approximation, and [...]



Check Your EPF Account Statement!

Zul • June 17th, 2008 • All Things Malaysia

The Employee’s Provident Fund (EPF) or KWSP has launched a campaign to encourage the members to check their EPF account statement every now and then.
The move is necessary to ensure that all transactions are in order and that your employer has not been violating the law by ignoring the EPF contribution as well as not [...]



The EPF and EPF Contribution

Zul • June 12th, 2008 • Editor's Pick

The Employee Provident Fund, EPF was established by the government of Malaysia to provide the so-called retirement funds and benefits to the employees, who are members of the EPF. EPF is also the other name for KWSP, or Kumpulan Wang Simpanan Pekerja.
The term and name EPF is not exclusively used in Malaysia as other countries [...]