KUALA LUMPUR: The Employees Provident Fund (EPF) has managed to trim the rate of default in employers not contributing to the fund to 2.9% currently from 23% in the early 1990s, said deputy chief executive officer Rusma Ibrahim.
“The 2.9% is a tolerable rate and it is still possible to get them to comply. It's just that many may not be paying on time,” she said after the signing between EPF and RHB Islamic Bank Bhd on the eHR² collection service here yesterday.
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