5.4 million EPF members opt for lower monthly cut


Economic measure: The government allowed members to reduce the statutory monthly contribution to boost their disposable income during the Covid-19 pandemic. — AZHAR MAHFOF/The Star

PETALING JAYA: More than five million Employees Provident Fund (EPF) members have opted to reduce their monthly contribution to 9% from January.

The government decided to allow members to reduce the 11% statutory monthly contribution to 9% in order to boost their disposable income during the Covid-19 pandemic.

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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EPF , EPF Contribution , Covid-19 , Budget 2021

   

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