KUALA LUMPUR: From this August onwards, people still in employment up to 60 years of age will see the same rates of contributions to the Employees Provident Fund (EPF) of 12% from employers (13% if earning RM5,000 or below) and 11% from themselves, the EPF announced today.
The rates of contribution for those aged between 60 and 75 are, however, set at half the regular rate, at 6% (or 6.5%) and 5.5% respectively.
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