BERNAMA Business/Finance

Thursday, January 1, 2009

It's official today for EPF members; 8% only.

January 2009... Members of the Employees Provident Fund (EPF) will have their employees’ monthly statutory contribution rate by three per cent, from 11 per cent to 8 per cent, effective from January 2009 wage for a period of two years. I wish the members are fully aware of the risk(s) and benefit(s) that they are facing/enjoying.

Having extra income today from tomorrow's fund. It's a choice; choose smart.

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