Act to be amended to make 2% contribution by foreign workers mandatory


SHAH ALAM: The amendments to the Employees Provident Fund Act (EPF Act) to make foreign worker contributions compulsory should be tabled before the meeting of the Dewan Rakyat ends, with the pension fund expecting some two million foreign workers to be covered under EPF.

“Based on the early estimates we are working on, there are roughly two to two and a half million foreign workers that will need to come under the EPF platform,” said EPF CEO Ahmad Zulqarnain Onn after the pension fund’s 2024 Financial Performance Briefing yesterday.

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