Budget 2014: EPF welcomes move to raise SP1M contribution


THE Employees Provident Fund (EPF) welcomes the Government’s proposal to increase government contribution to the 1Malaysia Retirement Scheme (SP1M) from 5% to 10% or from a maximum of RM60 to RM120 per year.

The plan would come into effect Jan 1 next year until the end of 2017.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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