Exactly.

We have NO choice. HOwever, that does not mean there should not be some accountability and fairness.

Is it ALL up to the EPF board? 
Powers of Board
http://www.kwsp.gov.my/portal/en/web/kwsp/...t-reports#sec14

You cannot pay from the contributions. That amounts to a PONZI scheme.

Yes. I'm quite surprise they gave such huge reserved...
Unlike ASNB funds, which they clearly said would retained some income as reserved... EPF didn't state it clearly....

http://www.kwsp.gov.my/portal/en/news-list...primaryKey=1118

Hi guys, i came accross this article in relation to self contribution. It says there is a limit of 5k per month (60k per annum limit). Anyone has transferred more than 5k a month and it is accurately reflected?

Nice, hands down on best retirement investment so far.
Hard to say for 2020 declaration though, but judging from previous years, its a good tracks of returns.

Can the Malaysian government just print money to pay off EPF holders in the event the fund does not perform as expected?

I mean it's not suppose to do this right? But it seems to me that nothing is stopping this from happening though.

Yeah, just started doing self contribution

Am I right to be thinking that is I am contributing Rm10k to my EPF, and my relief is only 4k, then in actual fact my balance of contribution of Rm6k is actually taxed by the gomen before being placed in the EPF?? Please correct me if wrong thinking.

If that be right,and if I am paying 25% tax on my income, then if EPF returns 6% pa, it will take 4+ years just to make the returns on paying the tax!

EPF doesn't work like Unit Trust. The EPF dividends can only be paid from realized gain, dividends and interests. Realized gains mean they have to sell the shares at a profit to book it as dividends. But problem is every month they get lots of money coming in, which means they have to buy something.

On top of that, the foreign investments is still less than 30% of their portfolio. KLSE had terrible 2 years since PH came to power. Epf also tend to keep some profits to reserves for really "rainy days".

That's why I expecting less than last years 6.15%,  but not horribly so.  Between 6%-5.5% is my guess .

Most of these UTs are NAV increase.. Not realized gains.

It is.. But the performance UT shows are NAV increases, of which only a part are realized gains, but a larger chunk is likely marked to market valuations (holdings not sold).

As I said earlier, EPF doesn't work like UT. UT can hv negative returns in one year. It's apples to oranges.

You can look at EPF published quarterly results. For first 3Q 2019, they are already behind the first 3Q of 2018. At the same time, we know their asset size continued to grow from contributions. For them to beat last year 6.15%, their 4Q will have to be extremely good. I admit it is a possibility, but right now I will stick to a lower dividend forecast of between 5.5%-6%. And I say maybe on the lower side, to give some face to their PNB bros..

When epf will be announce?

any thread here on discussion of funds that kwsp allow to invest in and its performances?

want to know, if my mum withdraw her EPF AKAUN 55.

She still eligible to get the dividend for 2019? System will based on the account balance on 31 Dec 2019 or?

Yes. Will make the withdrawal on Feb,2020. Still thinking want to wait until dividend announce or can directly withdraw.

Normally EPF will announce on Feb right?

Basically in 2018 they were interviewing ppl who were still clueless about EPF strategy of diversifying abroad.

Epf does not take into account unrealised capital gains for dividend distribution. So while Malaysian govt bond prices have gone up nicely last year (about 9% based on abfmy) , it will not matter to epf dividend unless epf sells the bonds. And usually, AFAIK, epf keep bonds for the long haul.

Overall if klci making lose same to epf khaznah pnb and whatever shit.

So dividend is just a number and doesn't represent the current market condition.