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Business

Maybank signs deal to accept EPF contributions through websites

MALAYAN Banking Bhd (Maybank) has sealed an agreement with the Employees Provident Fund (EPF) for the bank#039;s customers, whether individuals or companies, to make their EPF contributions through its Internet banking websites, Maybank2u.com and Maybank2e.net.

Nation

Bosses who default on EPF contributions to pay dearly

PETALING JAYA: The recovery of unpaid Employees Provident Fund (EPF) contributions by errant employers is no longer limited to six years.

Nation

Fewer bosses defaulting on EPF contributions

KUALA LUMPUR: The percentage of employers defaulting on Em­­ployees Provident Fund (EPF) contributions dropped from 1.75% in the third quarter to 1.6% in the fourth quarter of last year.

Business

EPF contributions grossly insufficient for retirement needs

YESTERDAY, I commented that the 10.5 million members of the Employees Provident Fund (EPF) must be prepared to receive relatively low dividends (between 4% and 5%) on their contributions for the next few years.

Business

EPF contributions up 6.38%

PETALING JAYA: The Employees Provident Fund’s (EPF) annual contributions rose by 6.38% to RM65.52bil in 2017 against a total withdrawal of RM49.40bil.

Business

To cut or not to cut EPF contributions?

It may be a good idea to have a mandatory cut in EPF deductions. This will ensure workers have more disposable income. On the other hand, some would prefer to maintain their rate of contributions.

Nation

EPF contributions to be reviewed: Dr Subra

KUALA LUMPUR: Contributions from employers and employees to the Employees Provident Funds (EPF) will be reviewed to ensure members have adequate savings upon retirement.

Community

Many with minimum wages in favour of higher EPF contributions

ALTHOUGH the first proposal made by the Employees Provident Fund (EPF) to extend the full withdrawal age from 55 to 60 has drawn flak, many are more receptive towards its second one.

Nation

Bosses who fail to pay EPF contributions to be blacklisted

KUALA LUMPUR: The names of 248 errant company directors have been submitted to the Immigration Department for failing to pay up the arrears of their employees' monthly contributions to the fund.

Business

EPF contributions rose 4.91% to RM58.98bil

KUALA LUMPUR: The Employees Provident Fund (EPF) has reported a rise of 4.91% in annual contributions to RM58.98bil against a total annual amount withdrawn of RM44.25bil, resulting in net inflows of RM15.73bil.