New employer in Malaysia? This guide simplifies EPF registration for your business. Learn the steps, gather the documents, and register your company with ease.

EPF Account 3 (Akaun Fleksibel) debuts in Malaysia starting May 11, 2024, as part of EPF's recent restructuring efforts. This guide offers key details on its purpose, transfer criteria, and withdrawal process, aiding members in adapting to the updated EPF account system seamlessly.

Are payments such as cash allowances or bonuses considered to be a part of the wage? Should they be included when calculating EPF contributions?

Did you know that an employer could get jailed for 3 years if they failed to register the new employee with EPF within 7 days?

Any working Malaysian is familiar with the Employee Provident Fund (EPF), which was established in 1951 to build Malaysia's workforce's retirement savings. EPF is, in fact, one of the world's oldest provident funds.

Malaysians will require at least RM600,000 to retire comfortably in major cities, according to the Employees Provident Fund (EPF).

In a survey on retirement conducted by Sun Life Malaysia, 4% of respondents admitted that their Employees Provident Fund (EPF) savings had run out of money to withdraw.

The government is considering developing foreign workers' savings programme modelled after the Employers Provident Fund (EPF), which it thinks would alleviate several other issues.

According to Deputy Finance Minister I Datuk Mohd Shahar Abdullah, the level of savings among Employees Provident Fund (EPF) members is extremely low and cause for concern,

EPF has launched the i-Lindung service as part of the Members Protection Plan to make it easier to purchase insurance and takaful products, including life and critical illness protection.