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My Story, Lower-earning EPF members to get a 1pc bump in employers’ contribution

Submitted by admin on December 28, 2011

KUALA LUMPUR, Dec 27 — Majority of Employees Provident Fund (EPF) members earning RM5,000 and below monthly will as planned receive a 1 per cent increase in employers’ statutory contribution beginning January 2012. The exception will be for those 55 and above, who will only have a 0.5 per cent increase from their present 6 per cent contribution ...