With effect from Jan 2019

Following the Government’s announcement on this matter during the tabling of Budget 2019, EPF has announced that the minimum Employers’ share of EPF statutory contribution rate for employees above age 60 who are liable to contribute will be reduced to 4% per month while the Employees’ share of contribution rate will be 0%.

The new minimum statutory rates will start with the January 2019 salary/wage for contribution month of February 2019..

For the official announcement, please visit http://www.kwsp.gov.my/portal/en/news-listing-page

For any further information, please feel free to contact us.