The Malaysian Employees Provident Fund (EPF) has declared a dividend rate of 6.4% for 2015, which is slightly lower than the 6.75% dividend rate for 2014.
Having said that, this 6.4% rate is still fairly high considering the prevailing financial challenges fellow Malaysians are dealing with.
Back in January, the Malaysian Prime Minister Datuk Seri Najib Razak also announced that all Malaysian workers’ EPF contributions will be reduced from 11% to 8% beginning March 2016 until December 2017.
However, Malaysians can opt to retain their EPF contribution at 11% by filling up a form by KWSP, which can be downloaded HERE.
