The SOCSO members that are entitled for free medical check up are advised to visit the following SOCSO Panel Clinics or Government Clinics/Hospitals to carry out Free Health Screening:
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A total of RM720 million has been paid by the Social Security Organisations (Socso) to its contributors involved in commuting accidents from January last year until June this year.
Human Resource minister Datuk Seri Dr S.Subramaniam said from January to June this year, 30,575 accident cases were reported to Socso with commuting mishaps making up one-third of the total, at 12,893 cases, mostly involving motorcyclists and which also led to fatalities. Read more ›
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SOCSO paid nearly RM1.8 billion in compensation and benefits to its members and contributors in 2011.
“The total is increasing each year, from RM1.3 billion in 2009 to RM1.6 billion in 2010. Payments cover cost of medication and treatment which involves diseases and accidents,” said Deputy Minister of Human Resources Datuk Maznah Mazlan.
The total number of health problem cases recorded under SOCSO is increasing each year.
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Now you can withdraw all your EPF at age 55 while you are still working with someone else if you choose to retire at later years, say at age 60!
However, you may voluntarily choose not to withdraw your retirement fund at KWSP if you don’t need that.
It was reported in a research conducted by KWSP that the amounts withdrawn by the members would normally be wiped out within 5 years! Read more ›
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KWSP (EPF) Headquarters
Bangunan KWSP,
Jalan Raja Laut
50350 Kuala Lumpur
Fax No. : 03-26948433
Office Operating Hours
Day: Monday – Friday
Time: 8.15 am – 5.15 pm
Counter Operating Hours
Day: Monday – Friday
Time: 7.45 am – 4.45 pm
Call EPF Customer Call Management Centre at 03-89226000, if you have an enquiry. Read more ›
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Members of the Employees Provident Fund (EPF) earning a monthly wage of not exceeding RM5,000 will be receiving a boost in their retirement savings when the revised employers’ statutory contribution rate of 13 percent takes effect from January 2012 wages.
The one per cent increase from the current 12 per cent will benefit 5.3 million working Malaysians, comprising 92 per cent of EPF’s active members. Meanwhile, the employees’ contribution rate remains at 11 percent. Read more ›
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Employers are legally required to contribute EPF for all payments of wages paid to the employees.
Rate of Contributions
The current rates are 11% for the employee and 12% for the employer, but employers are advised to keep abreast with changes which may take place from time to time. Read more ›
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Budget 2012 has proposed that all employers are required to increase their EPF contribution from 12% to 13% for staff who are earning less than RM5,000 per month with effect from 1 January 2012.The staff who are receiving more than RM5,000 will be exempted from the above new policy.
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Some owners/partners under the sole-proprietorship and partnership may drawn salaries and allowances for themselves as well as make contributions to Employees Provident Fund (EPF) for their own accounts.
Is EPF contribution compulsory?
By virtue of the sole proprietors and partners drawing salaries and allowances for themselves, are they require to contribute the employer’s 12% contribution and deduct 11% from the salaries and allowances and remit this 23% (12% + 11%) contributions to EPF? Read more ›
337 total views, 13 views today
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