If it's from G and deposited into EPF, it will stay there until 50/55... Better than cash handout become shopping money plus it beefed up EPF investment size

Isn't it?

it is not right for gov to take our money
it is against the law
EPF is not Gov bank account
they can declare lower / higher dividend but they cannot take the money and use it on something else

This year EPF dividend will be announced earlier because by March they want to come up with account 3

If I were to design account 3, I would say all dividend is withdrawable through account 3

Make things even better if you don't withdraw gov give bonus of rm500 if your total EPF is less than 10k

Interest in account 3 follow EPF rate

Then majority of ppl will be happy except those t20

Old folk still having doubt on EPF... Don't know why got trust issues with that organization.....

EPF been existence don't know how many donkey years already.... Yet don't want trust... Says bankrupt, big hole etc.

Each year, their rate is quite okay...
Only during few initial years the rate not so good... And during early 00' where I think rate around 4%+... Most time it's 5% above....

if u just spend your dividend do think you would be able to finish spending your EPF money till the day you die just assume u die by 75?

Silly question.
If you spend just the dividend, the principal will not reduce! 

From the DOSM site
https://open.dosm.gov.my/dashboard/life-expectancy

It mentioned,..."is expected to live".
Not sure "will or can die by ...."

Ha ha

It is just statistics...is in % of chances or probabilities

Of course it is always better to hv enough in kwsp to last till 100.

But in reality, according to kwsp, ...
71 pct of EPF contributors aged 55 and below do not have enough to rise above poverty level
By Suzalina Halid
February 23, 2023
https://www.google.com/amp/s/www.nst.com.my...ough-rise-above

The median malaysian salary is RM2600 per month.

https://www.imoney.my/articles/monthly-median-dosm

Assuming statutory kwsp contributions of 11 and 12%, thats RM598 monthly.

hmm if tax relief removed one day then no point already. Yet money stuck there can't withdraw till 55 yrs.

Normally, they prefer shariah if enroll

I'm more concern when all these new intake EPF contribution would increase the burden on EPF to perform...

meaning EPF needed to perform well & pays higher dividend rate... and with increase monthly contribution, they needed to find investment that give better & quality returns

https://www.cnbc.com/2024/01/30/worlds-larg...ion-profit.html

When will EPF get US$213b profit ?

Epf Web under maintenance now

so the deductions or caruman its already credited in epf based from the payslip salary shown? or the employer later they credit themselves?

what do u mean by drag longer? better? so i should make report or ask kwsp? since its feb now

calculations already built into the system...

delays is most likely getting mof/gov approval on what number to declare....

6.88%  better. FAT! FAT! FAT!

Tok like no tok. Anywhere from 5.5% to 6.3%. At least people here tikam, very specific. "Pakar Ekonomi", konon. We have more balls here.