No rush for tiered EPF dividends


KUALA LUMPUR: After announcing surprisingly good 2021 dividends for contributors – 6.1% for conventional savings and 5.65% for syariah savings – the Employees Provident Fund (EPF) says it will not rush into implementing a tiered dividend system.

Such a move, which could be gradually introduced to induce people towards a certain behaviour, would have to be studied first, said the fund’s CEO Datuk Seri Amir Hamzah Azizan.

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