EPF dismisses viral text regarding beneficiary nomination

PETALING JAYA: The viral chain message on the beneficiary nomination by Employees’ Provident Fund that resurfaced recently is not true, says EPF.

“If a member has nominated more than one beneficiary and one of them dies, only the portion that was bequeathed to the deceased beneficiary will be invalid. If the member later dies without updating his or her nomination, the surviving beneficiaries will receive their portion accordingly.