Budget 2025: EPF contributions to be mandatory, including for non-citizens


PETALING JAYA: Prime Minister Datuk Seri Anwar Ibrahim says the government plans to make it mandatory for all non-citizen workers to contribute to the Employees Provident Fund (EPF), with this proposal to be implemented in phases.

"The government is committed to providing fair treatment to all workers, regardless of nationality, in line with international standards."

He also said EPF is reviewing its schemes to allow a portion of members' savings to be directly transferred into the EPF accounts of close family members.

Anwar said this in preparation for Malaysia's ageing population as EPF is working to strengthen its intergenerational transfer approach.

Anwar said the government plans to extend tax relief for individual income on contributions to Private Retirement Schemes and deferred annuity premiums until the assessment year 2030.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Marine police seize smuggled diesel worth over RM230,000 in Sarawak
Sabah mourns the passing of Bung Moktar
Govt’s medical, health insurance scheme to be standalone product, says Finance Ministry
Bung Moktar: Sabahans lost a resolute fighter who championed their rights
‘Some prayers don't have words anymore, only tears and trust’, Bung Moktar’s wife Zizie Izette posts heartfelt message
Bung Moktar always stood firm by his principles, says Zambry
BN chairman Ahmad Zahid, Umno leaders pay tribute to Bung Moktar
Sabah BN chairman Bung passes away
MPs defend their low Dewan Rakyat attendance
30,000 receive welfare�assistance from Melaka govt

Others Also Read