COMPETITIVE RETURNS AMID TOUGH INVESTMENT CLIMATE

Reaching out: In 2023, the EPF will further strengthen its mobile team with 26 mobile vehicles and 10 mobile trucks to deploy 143 EPF employees across the country to intensify EPF outreach activities, especially in rural and remote areas.

THE Employees Provident Fund (EPF) Board announced a dividend rate of 5.35% for conventional savings with a total payout of RM45.44bil, and 4.75% for syariah savings with a total payout of RM5.7bil – bringing the total payout amount for 2022 to RM51.14bil.

As at Dec 31, 2022, the EPF recorded a lower total gross investment income of RM55.33bil, compared to RM68.89bil in 2021 – driven by high market volatility and lower valuations across equity and fixed income markets.