The Dewan Rakyat has passed amendments to the Employees Provident Fund (EPF) Act 1991, making EPF contributions mandatory for foreign workers starting in the fourth quarter of 2025. Both employers and foreign employees will contribute 2% of monthly wages, a rate lower than the 11% employee and 12%–13% employer contributions required for Malaysian workers. This…
From January 2012, the Employers contribution for employees earning RM5,000.00 or less has been increased from 12% to 13%. Employees contributions remain at 11%, no change to the existing rate. Total monthly contribution to EPF would now be 24%, made up of 13% Employer contribution and 11% Employee contribution. For employees aged 55 and above,…
KWSP has made available the schedule of EPF contributions payable under the revised Employee contribution rate of 8% which is effective from March 2016. The schedule can be downloaded from here. Employers will continue to contribute 13%. Notis KWSP 17A Khas 2016 This is for employees who prefer to continue contributing 11% instead of the…