Employees Provident Fund Malaysia

The authority provides retirement benefits through management of savings as well as invests in public equity and.

Employees provident fund malaysia. Welcome to i akaun member i akaun member user id. The employee provident fund board of malaysia operates as a government authority. Kwsp is a federal statutory body under the purview of the ministry of finance it manages the compulsory savings plan and retirement planning for private sector workers in malaysia membership of the epf is mandatory for malaysian citizens employed in the private sector and voluntary for. Welcome to i akaun employer i akaun employer user id.

Kuala lumpur jan 7 the employees provident fund epf implemented a number of initiatives throughout 2019 in its effort to boost members savings and ensure stable and consistent long term returns. A portion of an employee s salary and employer s contribution on behalf of their workers. Includes members employers ventures information news and offices locations. Employees provident fund malay.

Take control of your contributions with i akaun. At present it maintains 19 34 crore accounts annual report 2016 17 pertaining to its members. Employees provident fund epf logo is seen at its headquarters in kuala lumpur september 5 2019. The employees provident fund came into existence with the promulgation of the employees provident funds ordinance on the 15th november 1951.

It was replaced by the employees provident funds act 1952. This is a federal statutory body governed by the ministry of finance in malaysia. Login as a member. Commonly translated to the employees provident fund or the epf in english this body controls the savings and retirement plan for all workers in malaysia who are classified as working under the private sector.