PETALING JAYA: To ensure the smooth implementation of a new legislation mandating retirement contributions to non-Malaysians from October, the Employee Provident Fund (EPF) is intensifying its engagement and consultation efforts with employers and key stakeholders.
According to EPF, the new legislation, where both employee and employer contribution rates are set at 2% of monthly wages, will take effect with salaries for October, for the contribution month of November this year.
EPF said since the announcement was made during the unveiling of Budget 2025 last year, it has conducted over 30 stakeholder engagement sessions to date.
“These sessions have included briefings and consultations with the Home Ministry, the Immigration Department, the Federation of Malaysian Manufacturers, NGOs, and representatives from the employer and foreign worker groups.
“This comprehensive stakeholder engagement approach helps ensure alignment between policy direction and the level of readiness to support the effective implementation of the new policy across the ecosystem,” said EPF in a statement on Wednesday (June 25).
EPF also said the stakeholder engagement approach helps to raise awareness among employers and employees, and to provide clear and easily accessible information on the mechanisms for employer and employee registration, as well as as contribution payments.
At the same time, EPF also said the expansion of the mandatory EPF coverage to non-Malaysians marks a significant step forward in supporting the national agenda of ensuring that all workers, regardless of nationality, have access to social protection.
Meanwhile, EPF said employers are required to register their companies with the EPF to ensure a smooth transition and compliance with the expansion of the mandatory EPF contribution coverage to non-Malaysian citizen employees.
Employer registration can be done online via the official EPF website or at any EPF office nationwide.
For more information, please visit www.kwsp.gov.my or contact the EPF Contact Centre and Service advisors at +603-8922 6000.