Last updated : 23 Aug 2019    

Pensionable Employees/Optional Retirement

Public sector employees can make a one-time withdrawal of your share of contributions before age 55, upon granted of Pensionable Employee status.

What You Can Withdraw

Balance of EPF Savings after segregation government share

What You Should Know

  • Pensionable employee is defined as an employee who has been emplaced in the under any written law affecting the emplacement of employees in the appropriate pensionable establishment by the Government of Malaysia or of any State or by any statutory or local authority.
  • Beginning 1 January 2018, public sector employees who have made a Pensionable Employee/Optional Retirement Withdrawal are required to continue contributing to the EPF in line with the Portability Scheme (Skim Kebolehalihan).
  • Portability Scheme (Skim Kebolehalihan) allows public sector employees under the scheme to switch employment between government agencies/bodies or move from the public sector to private sector throughout the duration of your service, without being disqualified from retirement benefits/pensions under the condition that:
    1. The date of appointment for your new post in the public sector begins on 1 January 2012
    2. The employee has retired from public service
Pensionable Employees

Who Can Apply

Requirements

Requirements

Below 55 years of age

Requirements

Employed in the public sector and contributed to the EPF
OR
Employed with the Ministry of Defence/Military Service

Requirements

Granted pensionable employee status by the Public Service Department (JPA)

*Military personnel opting for optional retirement from military service are not eligible for this withdrawal.

What You Need

Documents

With MyKad

  • MyKad
  • Appendix A – Notice of Declaration Of The Government Contributions/Advance Calculation

Documents

Without MyKad

  • Copy of identification documents with original for verification
  • Form KWSP 3 (Pindaan) – for mail submissions/failed thumbprint verification

Who Can Apply

Requirements

Requirements

Below 55 years of age

Requirements

Retired from public service & unemployed/self-employed/re-employed with a different employer
OR
Currently employed in a government agency but have opted for retirement under a corporatisation/privatization exercise

Requirements

Received a proof of retirement status confirmation

*Military personnel opting for optional retirement from military service are not eligible for this withdrawal.

What You Need

Documents

With MyKad

  • MyKad
  • Appendix A – Notice of Declaration Of The Government Contributions/Advance Calculation

Documents

Without MyKad

  • Copy of identification documents with original for verification
  • Opt For Pre-PEN

    Starting from 1 September 2018, you should opt for Advance Government Share Calculation (Pre-PEN) if you have not made a Pensionable Employees Withdrawal or an Optional Retirement Withdrawal.

    WHAT IS Pre-PEN

    It is the process of separation of government's share from employee's portion in order to prevent members from inadvertently withdrawing the government's share during 55 years withdrawal.


    Who Can Apply

    Requirements

    Over 55 years of age

    Requirements

    Employed in the public sector and contributed to the EPF
    OR
    Employed with the Ministry of Defence/Military Service

    Requirements

    Granted a pensionable employee status by the Public Service Department (JPA)

    *Military personnel opting for optional retirement from military service are not eligible for Pre-PEN.


    What You Need

    Documents

    With MyKad

    • MyKad
    • Appendix A – Notice of Declaration Of The Government Contributions/ Advance Calculation

    Documents

    Without MyKad

    • Copy of identification documents with original copy for verification
    • Appendix A – Notice of Declaration Of The Government Contributions/Advance Calculation
  •   PAYMENT METHODS
    Local Payments Overseas Payments
    Full payment in Ringgit Malaysia (RM) will be credited to your account
    If you hold an active account with our panel bank and your identification number matches the bank records
    Full payment will be made via Foreign Demand Draft in the currency of your choice
    If your preferred currency is included in our list of approved currencies
    You will be issued a Bankers Cheque
    If payment to your account is unsuccessful
    Full payment will be made via Foreign Demand Draft in US Dollars
    If your preferred currency is not available on our approved list
  •   IMPORTANT REMINDER

    1. Certify your documents

    Ensure ALL copies of documents have been certified and acknowledged by the authorised persons.

    (complete with name, designation and official stamp except for copies of documents which require certification by an EPF officer)

    AUTHORISED PERSONS

    2. Double check your panel banks

    Refer to the list of EPF panel banks for direct crediting of payment into member’s account

    EPF PANEL BANKS

    3. Submit to EPF

    Send your completed submissions at your nearest EPF Counter or mail it to the EPF.

    FIND EPF NEAR YOU
    POST TO THE EPF

    4. Need more information?

    Refer to our product brochure for additional information.

    DOWNLOAD PENSIONABLE EMPLOYEES BROCHURE
    DOWNLOAD OPTIONAL RETIREMENT BROCHURE
    DOWNLOAD PRE-PEN BROCHURE
housing