Last updated : 6/10/19 5:02 PM     

Viral Message About EPF Nomination Not True

The EPF would like to inform that the message about EPF nomination currently being circulated via Whatsapp is not true. It is similar to a previous circulation about the automatic distribution of members’ savings to Amanah Raya Berhad, which is also not true.

 

In the event of a death, the EPF would like to assure that a Muslim member’s child/children maintain their right as beneficiary to the deceased’s savings, regardless if they were named as a nominee or not. The nominee plays the role of a Wasi or administrator, and is responsible for distributing the portion of the deceased’s savings, deemed as inheritance, in accordance with Faraid law. Nomination will not be able to take effect if the nominee has not reached 18 years of age, as they not eligible to act as Wasi based on existing legislation. However, this does not mean that the member’s child/children under the age of 18 who were registered as nominee, will not be able to exercise their claim on the deceased’s savings. Application for the withdrawal of the deceased’s savings will be processed as if no nomination had been made. The distribution of savings will be made based on the Faraid certificate OR Distribution Order OR Letter of Administration.

 

For non-Muslim members, the nominee is the beneficiary/sole recipient of the deceased’s savings regardless of the nominee’s age.

 

The EPF would like to stress that the automatic distribution of the deceased’s savings involving nominee/heir under the age of 18 to Amanah Raya Berhad is also not true.

 

For further information, please visit www.kwsp.gov.my or contact 03-8922 6000.

 

Issued by:

Corporate Affairs Department

Employees Provident Fund

Date: 17 April 2017