Friday, 19 April 2024

EPF & SOCSO

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...

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...

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...

The district’s Social Security Organisation (Socso) has conducted checks on 50 companies in September and issued 23 compounds to employers who failed to register or contribute on behalf of their employers to Socso. Kluang Socso...

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: List of SOCSO Panel Clinics:  1) Perlis 2)...

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...

The Employees Provident Fund (EPF) earns RM6.53 billion investment income in Q1 2011, a quarter-on-quarter growth of 19.76 per cent or RM1.08 billion compared to the corresponding quarter in 2010. The significant increase was...

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...

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...

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...
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