Onwards January 2012, employers have to contribute 13% of Employer Provident Fund (EPF) contribution for all employees salary RM5000 and below. This was announced in “Belajawan 2012″ by our Prime Minister this year.
Previously employer contributed 12% as per their side contribution to employees. For employees contribution there is no any amendment and stays at 11%. For employees aged 55 and above with salary below than RM5000, they will enjoy an increment in their employers contribution to 6.5% which previously was 6.0%. Employees will still contribute 5.5% EPF contribution.
The main objective on the increment is to increase the saving for their olden days. Hope they make use wisely of the savings.
Incoming search terms:
- epf table 2012 (1150)
- epf contribution table 2012 (1020)
- Caruman KWSP (1011)
- epf table (938)
- Jadual Caruman KWSP (880)
- epf contribution table (788)
- jadual caruman kwsp 2012 (396)
- caruman kwsp 2012 (346)
- kwsp (339)
- epf contribution (263)