SUPP calls for caution on foreign workers' EPF contribution plan


SIBU: Foreign workers Employees Provident Fund (EPF) contribution would reduce the dividend rate of existing EPF members but also offer little economic benefit, says Sarawak United People's Party (SUPP) Dudong chief Wong Ching Yong.

He cited Singapore’s decision to close its Central Provident Fund (CPF) accounts to foreign employees, effective April 2024, as evidence of the potential drawbacks.

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