EPF credits RM9.5m into accounts of i-Suri members

Galeria Katowicka is located in Katowice, about 260km from the Polish capital of Warsaw, and 70km from Krakow, the second-largest city. Katowice metropolitan area has a population of between three and 3.5 million. The EPF in an email said:

KUALA LUMPUR: The Employees Provident Fund (EPF) has credited the government-approved incentive payment totalling RM9.51mil into the accounts of the Caruman Sukarela i-Suri members for 2018.  

“The amount refers to the RM40 per monthly incentive credited into a total of 49,857 i-Suri account holders who have made a minimum of RM5 contribution on a monthly basis,” it said in a statement on Friday.

The retirement fund said members of i-Suri could check their account online via EPF kiosks or at any EPF counters nationwide starting on Friday.

The EPF also encouraged more housewives or female head of household, whose profiles were in the National Database on Poverty (eKasih), to register for i-Suri. 

It said members could contribute a minimum of RM5 on a monthly basis into their retirement savings account  to be eligible to receive the government incentive of RM40 per month.

In addition to the government’s RM40 incentive, eligible i-Suri members would also enjoy the same benefits as EPF members, such as annual dividends on their retirement savings, withdrawals of EPF savings, incapacitation benefit and death benefit.