When will they announce asb dividen?

If one find it difficult to topup their ASNB funds, an alternative (esp if one qualifies and >55 yo) will be EPF's 1Malaysia Retirement Savings Scheme.

http://www.themalaysianinsider.com/malaysi...-from-jan-2013/

http://www.kwsp.gov.my/portal/en/web/kwsp/...-savings-scheme

Probably today if the posting of a blog is correct.

Today? I thought its usually declared in Jan?

If previous announcement can be used as reference, PNB should have announce it the day before yesterday.

How does the dividend return look like for EPF's 1 Malaysia Retirement Saving Scheme, or it same with "Employee Provided Fund" return?
What the exact meaning for 5% contribution or subject to $60 per year for 5 year continuously.

Assuming in a scenario,
Mr ABC having a fixed income salary and consider as an employee in a listed company. However after several years, Mr ABC resigned from his initial position and took a business without fixed salaries such as agents to corporation. Do Mr ABC still eligible for this scheme since he was working previously with account in "Employee Provided Fund" but no salary deduction after resignation.

This post has been edited by adolph: Dec 21 2012, 10:23 AM

AFAIK,
1. returns same as EPF yearly dividend
2. for 5 years, btw 2010-2014, govt will give you rm60/year for the first rm1200 contribution (rm1200*5%=rm60)
3. Mr.ABC is eligible if no more fixed income and no longer contribute the monthly epf deductions.
and if he is >55yo, withdrawal is as per retired person.

This post has been edited by MGM: Dec 21 2012, 10:54 AM

ASB Dividend 7.75 sen, Bonus 1.15 sen.

So bad?? Last year it was 7.65+1.15 only. Now only increase 0.1?

Employee get advantage by another 13% additional from employer for fixed income salary earner.
thanks for your information.

Haha, funny 2012-12-21 post for today from administration.

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Added on December 21, 2012, 11:43 amFor the past 12 years, ASB dividend only decreasing in long term but still a good investment, but no guarantee for another 20 years in future.

This post has been edited by adolph: Dec 21 2012, 11:43 AM

http://www.nst.com.my/top-news/asb-unithol...-bonus-1.189669

Merry xmas to everyone!!

Pathetic! I was expcting at least 9.0% considering the upcoming elections.

not what i expected but then better than lesser.

Not bad. 7.75+1.15%=8.9%
They can't simply increase a lot so that still hv rooms to increase.

I tot its not a direct calculation like what u've written above. I mean the bonus itself.

It depends. For those who has kept their money in ASB for > 10 years, calculation is quite direct

Yes the bonus is calculated over 10 years.

Anything above 7% is very2 good according to my standard (some people say 6% above is very2 good already)

It depends. For those who has kept their money in ASB for > 10 years, calculation is quite direct

today announced, 7.75% dividen, 1.15% bonus, for ASB 2012~~!!!!!!