Contributing More Than the Statutory Rate
Note: Employers need to submit VE (Employee’s Share) and VE (Employer’s Share) applications through i-Akaun (Employer)
Contribute More Than The Statutory Rate (Voluntary Excess)
Who Can Contribute
| Salary | Employee A | Employer Contribution Rate (i) | Employer Voluntary Excess (ii) | Employer Contribution (i)+(ii)=B | Payable Contribution A+B | |
|---|---|---|---|---|---|---|
| Employees aged below 60 years old and earns a salary of less than RM5,000 | RM1,000 | 11%=RM110 | 13% | 5% | 18%XRM1,000=RM180 | RM290 |
| Employees aged below 60 years old and earns a salary of more than RM5,000 | RM6,250 | 11%=RM693 | 12% | 5% | 17%XRM6,250=RM1,062.50 | RM1,755.50=RM1,756 (rounded to the next ringgit) |
| Employees aged 60 and over with a salary of less than RM5,000 | RM1,000 | 0%=RM0 | 4% | 5% | 9%XRM1,000=RM90 | RM90 |
| Employees aged 60 and over with a salary of more than RM5,000 | RM6,250 | 0%= RM0 | 4% | 5% | 9%XRM6,250=RM562.50 | RM562.50=RM563 (rounded to the next ringgit) |
| Salary | Employee Contribution Rate (i) | Employee Voluntary Excess (ii) | Employee Contribution (i) + (ii) = A | Employer B | Payable Contribution A+B | |
|---|---|---|---|---|---|---|
| Employees aged below 60 years old and earns a salary of less than RM5,000 | RM1,000 | 11% | 5% | 16%XRM1,000=RM160 | 13%=RM130 | RM290 |
| Employees aged below 60 years old and earns a salary of more than RM5,000 | RM6,250 | 11% | 5% | 16%XRM6,250=RM1,000 | 12%=RM750 | RM1,750.00 |
| Employees aged 60 and over with a salary of less than RM5,000 | RM1,000 | 0% | 5% | 5%XRM1,000=RM50 | 4%=RM40 | RM90 |
| Employees aged 60 and over with a salary of more than RM5,000 | RM6,250 | 0% | 5% | 5%XRM6,250=RM312.50 | 4%=RM252 | RM564.50=RM565 (rounded to the next ringgit) |
Requirements
Note:
1. Minimum age contribution is subject to Employment age’s Children and Young Persons (Employment) Act 1966. Meanwhile maximum age contribution is 75 years old.
2. Employers need to submit VE (Employee’s Share) and VE (Employer’s Share) application through i-Akaun (Employer).
3. The contribution must be paid rounded to the next ringgit.
Notice Of Revocation For Voluntary Excess
What You Need
- Permohonan Pendaftaran/ Pembatalan Mencarum Melebihi Kadar Berkanun (Syer Pekerja) Form – Form KWSP 17A (AHL)/ 18A (AHL)
Frequently Asked Question
What is Voluntary Excess online (e-VE)?
Voluntary Excess online (e-VE) is a facility for applying to register or cancel Voluntary Excess (VE) for Employee Share and/or Employer Share through i-Akaun (Employer), subject to the VE registration method.
When was the e-VE application facility implemented?
The e-VE application facility through i-Akaun (Employer) has been implemented since 20 March 2022.
Who is eligible to apply for VE?
The VE application can be made by:
a) All EPF members (Citizens and Non-Citizens) who have not reached the age of 75, AND/OR
b) All employers registered with EPF
How is the application process for VE (Employee Share) registration handled?
The process for handling the VE (Employee Share) registration application is as follows:
a) The member needs to complete the Borang KWSP 17A (AHL)/ KWSP 18A (AHL) – Application for Registration / Cancellation of Contribution Above the Statutory Rate (Employee Share), which can be obtained from the official EPF website.
b) Members must submit the form to the employer. Subsequently, the employer must enter the employee's application information through i-Akaun (Employer). Please refer to the Application Guide for Contributing Above the Statutory Rate (VE) Through i-Akaun (Employer)."
c) The form received by the employer must be kept as the employer's record (no need to be submitted to EPF).
How can members check the status of their VE (Employee Share) registration/cancellation application?
Members can check the status of their application through i-Akaun (Member), where successful VE registration/cancellation applications will receive a message in the Inbox section.
Can self-employed members apply for VE (Employee Share)?
No, self-employed members cannot apply for VE (Employee Share). However, self-employed members can make voluntary contributions. For more information, please refer here.
What is the maximum percentage (%) of contribution deduction that can be applied for VE (Employee Share)?
The percentage (%) of contribution deduction that can be applied for VE (Employee Share) is subject to all mandatory deductions and any conditions set by the employer related to deductions, as well as the applicable Labour Law provisions.
Can members cancel their VE (Employee Share) application?
Yes, members can cancel their VE (Employee Share) application. The cancellation application process is as follows:
a) The member needs to complete the Borang KWSP 17A (AHL)/ KWSP 18A (AHL) – Application for Registration / Cancellation of Contribution Above the Statutory Rate (Employee Share), which can be obtained from the official EPF website.
b) The member must submit the form to the employer. Subsequently the employer must enter the employee’s application information through i-Akaun (Employer). Please refer to the Guide for Applying for Contributions Above the Statutory Rate (VE) through i-Akaun (Employer).
c) The form received by the employer must be kept as the employer's record (no need to be submitted to EPF).
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