No change in mandatory EPF contribution rates expected with new Account 3, says CEO


SHAH ALAM: The Employees Provident Fund (EPF) is not expecting any change in mandatory contribution rates once the flexible account, or Account 3, is rolled out, says Ahmad Zulqarnain Onn (pic).

"We do not expect a change in the contribution rate," the retirement fund's chief executive officer said during the EPF's 2023 Financial Performance Briefing here on Sunday (March 3).

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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