Dividend Payment For Withdrawals
Dividend Payment for Withdrawals before Retirement
Members who have made pre-retirement withdrawals such as Housing, Age 50 Years, Education, Health, Investment, and Savings Exceeding RM1 Million Withdrawals before the dividend is declared will receive payments as follows:
- Withdrawal payments only from the basic savings.
- Dividends for the withdrawn amount will be credited into the member's EPF account when the dividend is declared.
Age 55/60 Years Withdrawal (Combination)
Members who have made the Age 55/60 Years Withdrawal and opted for partial payments, dividends on the withdrawn amount subjected to the above-mentioned stipulations.
For those members who have made the Age 55/60 Years Full Withdrawal and opted for monthly payments, dividends on the withdrawn amount will be paid to the member's EPF account when the dividend is declared.
Dividend Payment for Retirement And Other Withdrawals
Members who have made a lump sum withdrawal of all savings such as the Age 55/60 Years (opted to withdraw all savings), Incapacitation and Death (by the beneficiary) Withdrawals, will be paid based on the following two conditions:
The withdrawal is made before the dividend is declared (period from 1 January to the date the dividend is declared). Members will receive:
- All savings; AND
- Dividend at the rate of 2.5% will be paid first.
- The balance of the dividend will be paid when the dividend rate for the year is declared.
Withdrawal after the dividend is declared. Members will receive:
- All savings; AND
- Dividend based on the rate declared in that year.
The above schedule does not apply to members who have made the Leaving the Country Withdrawal. This means that members will receive all EPF savings together with the dividends as declared in the year when they apply for the withdrawal at any time.