BDCM-B-Week22-BCL: KWSP/EPF Contribution between Employer and Employee
According to the EPF Act 1991, employer and employee are required to make contribution via monthly salary for their future usage. Below are summaries table from the act's third schedule.
|
1.
Malaysian citizens
2.
PR in Malaysia
3.
Non-Malaysian and has been contributing before
1st August 1998
|
Below 60 years old
|
60 years old and above
|
|
|
Employer Contribution
|
Below RM5k
|
13%
|
6.5%
|
|
Above RM5k
|
12%
|
6%
|
|
|
Employee Contribution
|
11%
|
5.5%
|
|
|
1.
Non-Malaysian and has been contributing since
1st August 1998 or after
2.
Domestic servants since 1st August
1998 or after
3.
Expats since 1st August 2001 or
after
|
Below 60 years old
|
60 years old and above
|
|
Employer Contribution
|
RM5
|
RM5
|
|
Employee Contribution
|
11%
|
5.5%
|
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