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Employees Provident Fund (EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia.
For employees who receive wages/salary of RM5,000 and below, the portion of employees contribution is 11% of their monthly salary while the employer contributes 13%. For employees who receive wages/salary exceeding RM5,000 the employees contribution of 11% remains, while the employers contribution is 12%.
Your dividends are calculated based on your daily aggregate balance. Whereas your monthly contributions will earn dividends based on: A day in the month of said contribution. Said months contribution will earn dividends based on the daily calculation starting the following month until the end of December of that year.
The EPFs dividend payout stood at RM51.14 billion in 2022. Of the total, RM45.44 billion, or a dividend of 5.35 per cent, was paid to EPF members with conventional savings. The remaining RM5.7 billion, or a dividend of 4.75 per cent, was paid to members with shariah savings.
KUALA LUMPUR: The Employees Provident Fund (EPF) is expected to announce a dividend of 5.5- 6.5 per cent for 2023, higher than the 5.35 per cent for conventional savings and 4.75 per cent for shariah savings in 2022.
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People also ask

The EPF wishes to clarify that members are allowed to make contributions until age 75, and may keep their savings in the EPF until age 100.
As per the EPF act, if you are going to become an NRI as you are relocating for a job out of India, you can withdraw the entire EPFs balance immediately, without any waiting period, and close the account!
Over the past 10 years, EPFs dividend payout for conventional savings has 5.8% in 2010 followed by 6% (2011), 6.15% (2012), 6.35% (2013), 6.75% (2014), 6.4% (2015), 5.7% (2016), 6.9% (2017), 6.15% (2018), 5.45% (2019) and 5.2% (2020).

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