6.1% is last year's rate. I think they use back this rate until the new rate is declared.

Yeah. makan apa?

https://www.malaysiakini.com/news/654795

Tabung Haji expected to pay modest dividends for 2022.

Amanah saham (asm1, asm2 and asm3) under PNB also pays modest dividends.

EPF different ??

EPF should be different..coz it has HARAMz division...

if u compare with syariah compliant, mebe more of less.. but for tabung haji..err...

Interesting topic, ya? Don't shoot Unker, today no urgent matters.

Based on the high level assumption, from multiple sources, NST, The Edge, ex FM writeup....I conclude the population Mean = $301K with SD = $240K.

The top of 99.7% population will have $1.01Mil savings. Most of the active forumers n Seniors already fall outside as outlier.

However, among those privileged KWSP members, taking on data from The Edge, the Gentlemen's Club imho are those with approx $4.6Mil.

The Big Boys (imho) are those with savings > $1.9Mil + 1, 2, 3 SD (each SD is 0.9Mil). Unker sendiri further split into 3 bands.

Big Boys $2.8Mil
Young Adult $3.7Mil
Gentlemen $4.6Mil
There's another bigger band building to the $10Mil Maestros.

Pls ah, above based on Unker small hat, fiction analysis...no intention to discourage or kacau fellow forumers which Unker has highest level of respect.

Just casual reading till dividend declaration.

Bro Wedchar,
Unker assumes 2 sets of raw data.
1. Total population, where the median skewed to low end. Also approx of additional data point where 3% needing $240K.

2. Second population, based on The Edge raw data, computing just millionaires with wider SD due to limited data, approximation . While almost no data for those @ 0.002%, $10Mil.

Ampun tuan.

Whats SD ?

6 states are going to have election in less than half a year. PMX will need to create a feel good factor for people. Giving higher than expected dividend would be one of it. Also to convince EPF contributor to keep money in EPF rather then keep asking for special withdrawe

Nope, very low.

EPF is meant to coincide with retirement, thats why its a retirement fund. If retirement age now is 60, but withdrawal is 65, the 5 years govt expect retirees to starve?

First they will need to change the retirement age to 65, then have to change the EPF Act to reflect it.

At best, they probably will take away the early withdrawal at 55yo one, if that's even palatable.

I dont think they suddenly go from 55 to 65. However, i wont be suprised if 55 become 60, within the next 10 years.

Anyway, my current plan for EPF is to select the monthly withdrawal option when I retire, which is probably at age 60. So I probably wont do anything.

Don't make so much noise. Place yer bet first

Hari ini announce, Semalam Anwar sudah kena back door.
Wah this is something new to me, better check next time when hit 55.....else kena tipu. If this is really the case might as well manual withdraw since can do it online easily right?

Young man,

Can you enlighten what this is about? 

Thats what i thought i read in kwsp website too.

Wah, Bro kaya-est so far, weekly spend $10k. Eat what?

Respekt!

Uncle, KWSP can withdraw RM20 at a time?

At 7-digits, the M in the RM is not over the B of baki, its placed further left.

2.6 million is a lot. So many rich people in malaysia. Almost 10 percent of malaysia population

This is actually bad coz now ppl can say since T20 so much why not take to give to poor ppl and T20 rich so should sedekah bla bla bla. Bullets to let b40 rompak or gov rompak. Later sure see P ppl saying T20 is what what race and gov should just take and give B40 one i tell you. Not good not good.. 😂
I am at 100k only so i poor as hell but expected la. Very tiny salary past 13 years

To control ppl, you either use fear or stupidify them. Fortunately our politicians are very good at both. Unfortunately, our politicians are too good at both. You say how many times and you preach how many times also no use. Soon they will start to think robbing the "rich" is justified. Look at US.. look at the ppl in the forum. We are not far from that mentality already. Remember... Fear is the path to the dark side. Fear leads to anger. Anger leads to hate. Hate leads to suffering... 😂 Now they are using fear and ppl are afraid.. they just keep stroking the fear sentiment.. PN is dangerous in that sense.. and now they just give a "target".. the T20.. justifying they have a lot of money.. what do you think this will lead to? Next they just have to say xx% of the T20 is what group..voila..