EPF to provide customised advisory support for affected businesses

KUALA LUMPUR (Bernama) -- The Employees Provident Fund (EPF) is introducing its Employer Advisory Services (EAS) beginning April 15 to provide customised advisory support for employers, specifically with regards to the employers’ portion of EPF contributions during the current economic downturn.

In a statement, the fund said this measure aims to assist employers to remain solvent amidst the COVID-19 pandemic so that they could continue providing and retaining jobs, supporting workers, and protecting livelihoods apart from alleviating some of the cash flow challenges faced by small and medium-sized enterprise (SME) employers.