You have the option and flexibility to diversify your retirement portfolio and enhance your retirement savings through the Members Investment Scheme (MIS). Under this scheme, members who have sufficient savings can transfer part of the funds in your Account 1 for investments via the appointed Fund Management Institutions (FMIs), including Unit Trust Management Companies and Asset Management Companies.
Who Can Apply
Permanent Residents (PR)
Non-Malaysians (registered as EPF Members before 1 August 1998)
Below 55 years of age
Have sufficient savings with the EPF
*Malaysians who made a Leaving the Country Withdrawal before 1 August 1995 and opted to recontribute are also eligible.
What You Can Invest
*The EPF will transfer the amount to be invested directly to the relevant FMIs as per your application.
Sample of Eligibility Calculation
Savings in Account 1 (RM)
New Basic Savings (RM)
Calculation for Investment (30%)
Member is not eligible, savings in Account 1 is less than the new Basic Savings
11,000 – 10,000 x 30% = RM300
Member is not eligible, minimum eligibility amount is RM1,000
24,000 – 18,000 x 30% = RM1,800
Member is eligible, minimum eligibility amount is RM1,000 and maximum amount is RM1,800
The importance of Basic Savings
Basic Savings is a pre-determined amount set according to age in Account 1 to enable members achieve a minimum savings of RM240,000 when they reach age 55. The implementation of the Basic Savings is to ensure that members have sufficient savings at a minimum amount of RM1,000 per month when they retire in order to support their basic retirement needs for 20 years from age 55 to 75, in line with Malaysians' life expectancy.
The amount in excess of the Basic Savings can be invested in appointed Fund Management Institutions. The latest revision in this quantum has been implemented starting 1 January 2019.