EPF signs MOU to encourage grab drivers, delivery-partners signing up for i-Saraan, self-contribution
KUALA LUMPUR: The Employees Provident Fund (EPF) has signed a memorandum of understanding (MOU) with Grab Malaysia (Grab) to encourage Grab’s community of driver and delivery-partners to save for their retirement via the EPF’s i-Saraan programme for those below the age of 55 or self-contribution programme for those aged 55 and above. The MOU is […]
EPF i-Citra withdrawal application starts July 12
KUALA LUMPUR: Members of the Employees Provident Fund (EPF) below the age of 55 may apply for the i-Citra withdrawal facility starting Monday (July 12, 2021) via icitra.kwsp.gov.my, three days earlier than scheduled. In a statement today, the retirement fund said to ease the online-only application process, members must ensure that their mobile phone number […]
Woman arrested for threatening step son
MIRI: Police have arrested a woman for allegedly threatening to harm and cause problems to her stepson over the issue of Employees Provident Fund (EPF) money. District police chief ACP Hakemal Hawari said the incident happened at 7.05pm in a house at Taman Jelita off Taman Tunku on Thursday (July 1). At the time, the […]
EPF withdrawal, loan moratorium huge help for M40 group
KUALA LUMPUR: The RM150 billion National People’s Well-Being and Economic Recovery Package (Pemulih) is seen to be a boon for many, especially for the M40 income group. Among other things, the government’s latest economic stimulus package entails the continuation of the Employees Provident Fund (EPF) withdrawal facilities and loan moratorium, which means a lot for […]
EPF introduces i-Citra withdrawal facility to help affected members
KUALA LUMPUR: Employees Provident Fund’s (EPF) i-Citra, the latest withdrawal facility to help its members tide over the impact of the movement control order (MCO) in the short term, will open its application starting July 15, 2021. In a statement, the EPF said members can begin applying for the facility on the i-Citra online portal […]
Right time to reintroduce initiatives to help the people
KUALA LUMPUR: The government will reintroduce the initiatives that have been implemented previously to assist the people in line with the implementation of the National Recovery Plan (NRP), said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said the government has not stopped to continually help the people and is always striving to think […]
Statement on 75 yrs maximum age for dividend payment outdated
KUALA LUMPUR: The Employees Provident Fund (EPF) said an old statement regarding the maximum age of 75 years for contributors to receive dividend payment is outdated and is no longer applicable. The pension fund clarified this today after a statement on the maximum age for dividend payment went viral, circulating via WhatsApp and other online […]
Payment for current i-Sinar applications begins Tuesday
KUALA LUMPUR: Applicants for the i-Sinar facility under the Employees Provident Fund (EPF) submitted before Feb 25 will be progressively approved in batches following the removal of all previous criteria set for the withdrawals, and payments begin Tuesday, March 2. The EPF said this includes applications that are still awaiting approval and were previously rejected, […]
Total dividend pay-out RM47.64 bln for 2020, 5.2 pct for Konvensional
KUALA LUMPUR: The Employees Provident Fund (EPF) has declared a dividend of 5.2 per cent with a pay-out amounting to RM42.88 billion for Simpanan Konvensional and 4.9 per cent for Simpanan Shariah, with a pay-out totalling RM4.76 billion. Cumulatively, the total pay-out for 2020 is RM47.64 billion, EPF said in a statement today. “With an […]
RM18.1 bln i-Lestari withdrawal to date
KUALA LUMPUR: The Employees Provident Fund (EPF) said to date, a total of RM18.1 billion has been withdrawn by 5.16 million members under the i-Lestari facility, which was among the immediate measures undertaken by the fund amid the challenging situation in 2020 due to the pandemic. It stepped in to help members and employers cope […]
