Last updated : 05 Sep 2019    

Mandatory Contribution

EPF members in the private and non-pensionable public sectors contribute to their retirement savings through monthly salary deductions by their employers. These contributions, comprising the member’s and employer’s share, will be credited into the member's EPF account. In this section, you will learn more about this deduction and what it means to you.

Mandatory Contribution

Your mandatory contribution is calculated based on your monthly salary as an employee in accordance with the Contribution Rate (Third Schedule). Monthly contributions are made up of the employee’s and employer’s share which is paid by the employer through various methods available to them.

 

 

Employee Contribution Rates

Monthly Contribution Rate (Third Schedule)

For those who would like to know more about their contribution rate, you can view the rates below (up to the age of 60).

Check your salary slip

Your employer is required to provide you with a salary slip every month. This will enable you to ensure your salary has been correctly deducted and also serve as proof of your EPF contributions. You are advised to keep and check your salary slips throughout your employment.

This slip should contain the following information:

  • Full name
  • EPF membership number
  • Gender
  • Identification card number
  • Passport/Citizenship number
    (if you are not a Malaysian citizen)
  • Salary payment period
  • Salary amount
  • Other remunerations for the period
  • Amount of employee and employer's share of the EPF contributions
  • Employer's reference number
  • Full name of employer/employer's representative, signature and date of issue of slip
  • Salary payment methods (daily/weekly/monthly)
  • Date salary is paid

Members can check their contributions through Account Statement in i-Akaun to ensure contributions have been credited accordingly.

Payments Liable For EPF Contribution, Such As

Salary

Salary

Payment for unutilised annual or medical leave

Payment for unutilised annual or medical leave

Bonus

Bonus

Allowance

Allowance

Commission

Commission

Wages for half day leave

Wages for half day leave

Incentive

Incentive

Arrears of wages

Arrears of wages

Wages for maternity leave

Wages for maternity leave

Wages for study leave

Wages for study leave

Other payments under services contract or otherwise

Other payments under services contract or otherwise

Payments Not Liable for Contribution

Service charge

Service charge

Overtime

Overtime payment

Gratuity

Gratuity

Retirement benefit

Retirement benefit

Retrenchment, temporary lay-off or termination benefits

Retrenchment, temporary lay-off or termination benefits

Traveling allowance or the value of any travel concession

Any traveling allowance or the value of any travel concession

Payment in lieu of notice of termination of service

Any other remuneration or payment as may be exempted by the Minister

 

Dividend Rates

For all your contributions, the government guarantees a minimum paid dividend rate of 2.50% for Simpanan Konvensional.

Dividend rates for Simpanan Shariah will be based on actual performance of the EPF's shariah compliant investments.

 

Our Past Dividend Rates

Year Simpanan Shariah
(Per Annum)
Conventional Savings
(Per Annum)
2018 5.90 6.15
2017 6.40 6.90
2016 - 5.70
2015 - 6.40
2014 - 6.75

Check your statements

You can make sure all your details in your Account Statement or i-Akaun (Member) are correct such as:

  • Correct personal details such as name, identification card number and EPF membership number.
  • The monthly contributions correspond with your salary deductions.
  • Details of adjustment of account (if any).
  • Savings amount in Account 1 and Account 2 are correct.

 

Be A Smart Member

Take up your responsibility to ensure your credited contributions are correct every month. A smart member ensures all their contributions are in order by following our short checklist.

 

Check your contributions

You can determine that the contribution is in order by checking the contribution deduction using either your Penyata Ahli or Member (i-Akaun). You need to ensure that the right contributions have been credited into your account properly.

 

Salary slips

It is advisable that you check your monthly salary slips and to keep them safe throughout the period of your employment.

 

Should you find arrears or difference in your contributions, you should report below

Lodge A Contribution Complaint 

 

Get your employer to recover your contributions

If your employer fails to deduct your salary for EPF contributions at the time your salary is paid, your employer cannot recover the contributions from you after a period of six months. Under such circumstance, your employer has to pay for both the employee's and employer's shares as well as the dividends accrued to the EPF.

Download i-Akaun App today for easier access
 

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Dividend Rates

Year

Per Annum (Simpanan Shariah)

Per Annum (Simpanan Konvensional)

2017

6.40

6.90

2016

-

5.70

2015

-

6.40

2014

-

6.75

2013

-

6.35

2012

-

6.15

2011

-

6.00

2010

-

5.80

2009

-

5.65

2008

-

4.50

2007

-

5.80

2006

-

5.15

2005

-

5.00

2004

-

4.75

2003

-

4.50

2002

-

4.25

2001

-

5.00

2000

-

6.00

1999

-

6.84

1997 - 1998

-

6.70

1996

-

7.70

1995

-

7.50

1988 - 1994

-

8.00

1983 - 1987

-

8.50

1980 - 1982

-

8.00

1979

-

7.25

1976 - 1978

-

7.00

1974 - 1975

-

6.60

1972 - 1973

-

5.85

1971

-

5.80

1968 - 1970

-

5.75

1965 - 1967

-

5.50

1964

-

5.25

1963

-

5.00

1960 - 1962

-

4.00

1952 - 1959

-

2.50