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Contribution Rate

The employees' monthly statutory contribution rate reduced from 11% to 8%for members below age 60 and 5.5% to 4% for those age 60 and above, effective March 2016 until December 2017 salary. There is no change to the employers' statutory contribution rates.

The latest contribution rate for employees and employers can be referred in the Third Schedule, EPF Act 1991. Employers are to remit the employee's contribution share based on this schedule.

To view the employee and employer contribution rates in effect before 1 March 2016, please click here.

Note:   The latest Adobe Acrobat Reader (version 8.0 at least) is required to to view, print or download the Third Schedule file.

 

Updated : 3 February 2016

Reviewed: 6 Januari 2016