EPF contributions can stay at 11%

In two separate filings with Bursa Malaysia yesterday, the cigarette manufacturer said that EPF had disposed of a total of 168,200 shares, or about 0.03% of the company

PUTRAJAYA: Employees will have the option of maintaining their contribution to the Employees Provi­dent Fund at 11% although the Government has announced a reduction to 8%.

EPF said in a statement that members could fill up a form and submit it to their employers so that they can contribute more than the statutory rate.