KUALA LUMPUR – Malaysia wants its 2.5 million foreign workers to contribute 2 per cent of their monthly salaries to the country’s pension scheme, known as the Employees Provident Fund (EPF). Employers ...

KUALA LUMPUR-Malaysia wants its 2.5 million foreign workers to contribute 2 per cent of their monthly salaries to the country’s pension scheme, known as the Employees Provident Fund (EPF).

Luke Chan / Getty Images In the United Kingdom, there are three primary ways to accumulate pension funds to provide a steady income upon retirement. Those types are the government-backed State ...

The Employees' Provident Fund Organisation (EPFO) has announced new amendments for the Employees' Deposit Linked Insurance (EDLI) scheme, aimed at strengthening financial protection for families ...

EPFO 3.0 will introduce several improvements, including: Streamlined fund transfers between accounts. Faster claim processing for provident fund and pension withdrawals. Correction of subscriber ...

Retirement planning: My mother can increase her pension by depositing Rs 7.2 lakhs to EPFO. Currently, she is projected to receive around Rs 3,000 rupees in monthly pension once she reaches 58 ...

How to update your EPF name, DOB, gender, nationality, parents’ name, marital status, spouse name & joining/leaving date online without employer approval? The Employees’ Provident Fund Organization ...

This improvement is expected to help over 1,000 in-service death cases annually. Other key decisions Pension on higher wages (PoHW): The EPFO has processed 72 per cent of applications following the ...

EPFO to allow its members to withdraw their PF money through UPI Subscribers can get PF funds directly into their accounts This feature is likely to be expected to roll out by May or June this year ...

The Employees Provident Fund Organisation fears that it may have to spend ₹1,86,920 crore to pay just 50% of the total applicants for a higher pension. In a note circulated to the Central Board ...

This way, your new employer will transfer EPF contributions to the same account. Also, your total service period from your previous job will be added to your new job. So, you won’t have to complete 10 ...

[KUALA LUMPUR] MALAYSIA’S Employees Provident Fund (EPF), the pension fund for more than 16 million members, declared on Saturday (Mar 1) a 6.3 per cent dividend for both its conventional and syariah ...