Don't forget to give us an update what you've find out. Is it 60k max (total) or 60k per individual own contribution (not counting employer's part - as per magika).

I think it is 60k total if I read the ruling correctly but I could be wrong too.

I'm not investing in any of Jibby's cronies project and I make sure I can pull out if I wanted to..

Yes for (1) and (3) but for (3) not directly. My partner and I got a business investment that involves a property purchase and I had a contractual clause for pulling out if certain conditions aren't met.

If you are trying to say that Jibby may got its dirty hands dirty into using EPF monies anyway,...
I don't consider that my direct exposure. That's EPF decision. All I care is consistent divi payout every year and if something really goes south, I'll pull out my "leaving the country" card to get EPF money out if hasn't reach qualified distribution age by then.

I think you may want to double check on the part that says "100%" of your salary.
If you're already earning more than 60K/year, I sure they won't allow you to max it out that way.

Somewhere between 5% to 6% on average over lifetime.. cukup-lah!

Sure.. only if Msia "overseas" investment is substantial enough to earn a lot more
and the ringgit devalues further against the foreign currencies, then surely it will translate into higher
earnings when converted back into Ringgit.

But, then again. It can go both ways. If Ringgit appreciates again, earnings from abroad will be lesser..
thus, don't be mad if dividends will go lower.

Here's the thing a lot of people don't realised. There is a MANDATORY requirement, at minimum,
dividends at 2% is GUARANTEED. This is regardless of EPF making money or not.
EPF could potentially run into problem (with negative revenue) if there is a severe world wide recession that runs multiple years. So far, EPF is very lucky, none of them has happened.

Actually, it's isn't bad since EPF invest in mostly fixed income, MGS and local stocks. Considering, BNM had 75 bps cut last year.
There is simply not possible to extract any more revenue from these areas without exposing itself to more risks.

Also, min. guarantee 2.5% whether they lost or win. 2.5% is higher than most banks FD now.
Simply no where else to go for people who wants guarantee safe investments.

Somehow, Msia govt able to sell and pay those bonds and EPF keeps buying them and earning them fixed rate (~4%)/year.
This allow EPF to secure at minimum 4% returns to members plus whatever earnings they can get from other investments.

If the EPF members can contribute up to 100k/year, it's actually good for them, isn't it?

The recent article on 'retirement ticking time bomb' is a huge concern and with more than half of EPF members age50-55 has less than RM10K in their EPF.

Hopefully, the EPF members able to take advantage and save even more for their retirement in the future.

This post has been edited by danmooncake: Dec 30 2023, 03:40 AM