When talking of taxation system, GST favors the poor and disadvantage the rich.

Can trust Utushit....Female pigs can climb trees.

See this professor right or CommodoreAmiga is right. I say 5.3% max. If I am right, I will take his title as "Purfesser".

Maybe to entice more people to self contribute? I recall the CEO calling for more contribution. And also to show those who withdraw, what they lost. Shrug, I for once hope Utusan prediction is correct.

So whats next ... create another class of citizens, haves and haves not ? In cases like this we must remember the saying ... there but for the grace of the almighty goes I.

Such a thought provoking subject on a Sunday afternoon. High respects to forum Seniors. Unker smallhat thinking :

1. If kwsp allows a 1 time unlimited deposit. Unker will exit ASNB,  SSPN, Bursa, FD & dump into KWSP.
    KWSP becomes my Private Banking.

2. Unker cannot fathom the unintended consequences to market liquidity and monetary policy.
    KWSP will cannibalize Bank FD, Bursa n ASNB VP n ASM2,3.

3. Further widen wealth gap.

Bro Wedchar,

You provided a very compelling proposal to alleviate impasse, as the status quo negatively impacting dividend performance.

KWSP is claiming insufficient funds (due to withdrawals) and yet limiting the annual self top ups. (They cannot have it both ways.)

Lets hope DSAI got an influx of bright guys/gals in the MOF.

I think when listening to what Nurhisham said verbatim, what I am hearing is that the withdrawals resulted in a missed opportunity but it did not affect EPF's performance, which was more affected by market developments.

I believe historical data will show EPF dividends has always been higher than FDs. It rises and falls in tandem to EPF, for as long as I can recall without checking. When interest was at 7.x%, EPF div was at 8.x%. I'm guessing your funds are in other form of investments which can be liquidated quickly to provide need cash, when necessary, hence 10k in savings is sufficient as it is.

Logically, no abuse in my opinion. Say a B40 has RM50k in KWSP. A M40 or T20 has RM500k in KWSP. If EPF dividends pays 5%, each gets a fair share of their investment worth, RM2,500 and RM25,000 respectively. In fact, if the M40 or T20 voluntarily deposit a further RM500k, technically, it provides EPF more money to diversify their investment. If the returns improve in subsequent years with higher dividends, the B40 will benefit in terms of % returns, even though he/she has the same amount with no additional deposits. The pie is shared proportionately as there isn't a tiered dividend payout ratio, which I agree should not be discriminatorily implemented, to punish those who are prudent with their lives.

This will make the govt of the day to lose votes in the next election. Will never be considered.

What the grassroots who withdrew their EPF want is govt to replenish the withdrawn amount.

U have data to back what u say?

Btw, what is UBI?

Those who think EPF's performance is proportional to the dividend better RETHINK.
It has never been like that.
New government will want to invoke a feel good start for the rakyat.
What better way?

Its quite confirmed that they normally pay less than they earn. If we can identify when they actually pay more than that would be an interesting data point.

Just calculating based on info shared 2019-2021 (3 years)where Malaysia had 2 govts PH and PN.

Year      Profits (RM)  Div Payout (RM) Payout ratio %

2019  50.3              45.82        91
2020    61                  47.64      78.1
2021    67.05            56.7        84.6

i hope they do not make 10% !        Unkerpanjang

Since schooling days, Unker not the brightest....but always attention seeker.

Unker say 4.89%, can?

28billion is to cover expenses and dry powder to buy when the markets dropped 🤦‍♀️
Won’t be so soon as all eyes on budget 1st then only 🤦‍♀️

Hello Bro Wedchar n Xander.

Excuse me for asking, both of you got register for klcc running wor?

Bro Prophetjul now panic already, 0.02% to target....more people participate, share body warmth.

Bottom line, we happy together lah...great learning for me, thanks to our well-read forumers. Whether 5%, 6%, 8,,,%, well supported thoughts n explanation.

How much further will political sentiment elevate this figure ??

5% - PM until next year
5.5% - PM another 2 years
6% - PM full term
7% - PM full term + I luv PM figurines
8% - Best PM
10% and more - PM Emperor Forever, Man Man Sui, Hail Anwar

< 4.5% - PM best price and sell

EPF announced 6.9% dividend for conventional savings, 6.4% for shariah savings on 9-2-2018.