Employees' EPF statutory contribution rate lowered to 7% from April to December


PETALING JAYA: From April, the statutory contribution rate for employee contributions will go down from 11% to 7%, says the Employees Provident Fund (EPF).

The new rate which, will be in effect until December, is in line with the Government's announcement on the 2020 Economic Stimulus Package 2020 on Feb 27.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Three Chinese nationals face charges for trafficking 26kg of meth
Motorcyclist loses right hand in multi-vehicle crash
Kuching hit with floods
MMEA detains oil tanker for lack of anchoring permit
Nearly RM20mil collected under Selangor police traffic summons discount
Worker killed in landslide near Johor factory
MetMalaysia warns of severe weather in Sarawak
Two hurt in NSE crash near Gopeng
MH370 hunt restarts: Drones dive into aviation's deepest enigma
Self-start e-invoicing, SMEs urged

Others Also Read