Register As A Member PLP

Last updated: 30-01-2024

Register As A Member

EPF savings serve as a crucial foundation for securing your financial future, ensuring a well-structured approach to building retirement funds post-employment. By registering as a member and consistently contributing to your own savings, you are taking a significant step towards a more secure and comfortable future. We are committed to enhancing the growth of our members' retirement savings, continually evolving with a diverse range of products and services to support your journey towards the retirement you desire.

Register As A Member

Learn How EPF Can Serve You In Achieving A Comfortable Retirement

Asset Publisher

Frequently Asked Questions

Frequently Asked Question

Frequently Asked Questions

Frequently Asked Question

Member Overview - Dividend - FAQ (EN)

What is the dividend rate 2022 for Simpanan Konvensional (SK) and Simpanan Shariah (SS)?

back chevron
  • Simpanan Konvensional (SK): 5.35%
  • Simpanan Shariah (SS): 4.75%

What are the yearly dividend rates declared by the EPF?

back chevron

What is the total payout for 2022 dividend?

back chevron
  • Total dividend payout for 2022: RM47.64 billion
  • Total payout for SK: RM45.44 billion
  • Total payout for SS: RM5.70 billion

The payout amount required for every 1% dividend rate for the year is RM8.90 billion for Simpanan Konvensional and RM833 million for Simpanan Shariah.


Why is there a difference between the dividend rates declared for Simpanan Konvensional (SK) and Simpanan Shariah (SS)?

back chevron

The dividend rate for Simpanan Shariah and Simpanan Konvensional is different as dividends are declared depending on the actual investment performance of the respective funds.


How is the EPF dividend different from other funds (LTAT, LTH, ASB and other Fund Managers Institutions)?

back chevron

The accounting policy and method of calculating the EPF’s dividend is different than that of other institutions. The comparison of dividend rates between the EPF’s and that of other funds is not based on an “apple-to-apple” comparison as the objectives, strategies and investment risks of each fund is different. The EPF is a retirement savings fund responsible for ensuring members’ retirement well-being.

Therefore, the EPF practices prudent investment strategy with greater emphasis on preserving capital and providing long-term stable returns supported by a comprehensive investment risk management framework. Given the EPF’s level of risk tolerance, the EPF’s dividend has exceeded its strategic target of delivering dividend of at least 2 percent above inflation on a rolling 3- year basis.Members who have been investing with us for the past three years have enjoyed a rolling 3 years real dividend of 3.51% (SS) and 3.67%(SK) respectively.


Can members, regardless of age, withdraw dividends from their EPF savings?

back chevron

No, there is no provision under the EPF Act 1991 that allows for dividend withdrawal regardless of age. Withdrawal of dividends is only applicable to eligible members above Age 55.


How can I check if the dividend has been credited into my EPF account?

back chevron

Members may obtain their statement through i-Akaun, EPF Kiosks or any EPF counters nationwide. Members can also check their EPF account by downloading KWSP i-Akaun mobile application from Google Play, Apple App Store or Huawei App Gallery.


How is the EPF dividend rate calculated?

back chevron

The dividend is calculated based on the “Modified Aggregate Daily Balance”. Contributions for a particular month will be eligible for dividend based on the last day of the contribution month until 31st December 2022.

The following is an example of the Annual Dividend calculation based on Aggregate Balance, assuming the dividend rate is 5%:


What is a nominal dividend rate?

back chevron

A nominal dividend rate is the declared rate which is used in the calculation of dividend payment to members' accounts.


What is the dividend rate guaranteed by the EPF?

back chevron

 

Under Section 27 of the EPF Act 1991, the guaranteed minimum dividend rate is 2.5% per year on members' savings. As such, members are guaranteed to receive the minimum dividend rate in any situation.

However, the dividend rate for Simpanan Shariah is based on the actual performance of shariah-compliant investment without any minimum guaranteed dividend of 2.5%


What is a real dividend rate?

back chevron

Real dividend rate is calculated by subtracting the inflation rate from the nominal dividend rate.


Who decides/ approves the dividend rate?

back chevron

The rate of dividend is proposed by the EPF Management to the EPF Board. Following endorsement by the EPF Board, the Minister of Finance's approval is sought before the dividend rate is declared.


When is the dividend declared each year?

back chevron

Dividends will be declared by the EPF Board with the approval of the Minister of Finance after the end of the financial year. The exact date of declaration will be determined by the EPF Board.