Employees Provident Fund (EPF) members who nominate Amanah Raya Bhd as the nominee/ administrator or trustee of their EPF savings will be charged a two percent flat rate as an estate administration fee.

https://www.thestar.com.my/news/nation/2017...aya-as-nominee/
If a member chooses to nominate ARB as nominee, then ARB will act as an administrator for all member’s savings.
A member can also appoint ARB as Trustee for a minor nominee who is below 18 years old.
Estate administration fee will be charged a 2% flat rate of the total amount of member’s savings upon the members’ demise.

meaning, u nominate ARB to manage your estate/harta, and they will kaotim the rest.

if you're under 18yo, ARB will be your trustee or penjaga for the estate/harta. i think la, not sure what happen after you reach 18yo.
this is why, ALWAYS PUT NONIMATIONS to your EPF, and update it periodically if there's a need. if no nomination, you need a will or nominate ARB or lawyer to get the money out.

with epf nomination, your family can kaotim directly with epf by submitting forms. straightforward affair.

Hi Guys,    Need your advise on the EPF dividend.

Lets say in my account, i have a balance of RM700K as on 1 Jan 2017.
Sometime in 2017, I withdraw  50K, ending up with the year end 2017 balance of 650K.
On 10 Feb 2018, EPF  declared 6.9% of dividend for the year of 2017.
How will the dividend be worked out? How much dividend  will I get for the following situations:--
(1)IF  I withdraw 50K on 2 Jan 2017, with  the 2017 year  end balance of 650K?
(2)IF I withdraw 50 K on 30 Dec 2017, with the 2017 year end balance of 650K?

Thank you for the anticipated help.

interesting findings
so can safely assume 6% is in hand now... just we needed to know if Q4 can perform or not 

Sorry a noob question to ask.

From your above chart, is it means that total earning is sum of all Q1 till Q4 ?
means
if Q1 = 1%
Q2 = 2%

is the means total earning is 3% if calculate till Q2 ?

When is the next recession expected to hit? Does EPF interest rate typically drops during recession?

https://www.malaysiakini.com/news/441637

increased in contribution outnumbering the increase of withdrawal so net net still inflow more than outflow.
performance need to be better than last year by approx 4% just to match last year declaration.

Wow! Never knew this info before.
Thanks!

more like Dividend is coming real soon...
after CNY

Not bad
Was thinking around the range of 5.5% to 5.8% only (normal non shariah) 😎

Strange..the dividend i received is only 5.2% by calculation. Anyone facing the same?

try google "EPF dividend calculation", and then create your own excel.

its awfully accurate, and only miss by 2 cent

Dividend is not calculated  from the deposit date, its calculated from "end of the month".
example: interest from RM1000 deposit on 15 may is same with interest from deposit on 25may.

This is a good news right?
https://www.theedgemarkets.com/article/epf-...-companies-1h19

PNB is much smaller than EPF in term of fund size. 301bil (pnb as of May 2019) vs 859bil (epf as of Q1 2019)

While EPF is having more realistic return all these years and almost half of their investment in fixed income asset along with profit reserved, while oversea investment was the main driver for the income (diversified to other better performed market unlike Malaysia equity market). However, for last 3 consecutive quarters, their profit had dip around 12% for y2y comparison.

Me too. Started to do do self contribution and then this 

https://www.sinchew.com.my/content/content_2204314.html

Rakuten: 5.5-5.9%

BIMB: 6.15%