Maybe test water first with a more "gender" tier structure. Where the top tier still get a respectable percentage to prevent mass withdrawal. Something like

<100k - 6.5%
100k-200k - 6.2%
200k-300k - 6.0%
300k-400k - 5.8%
400k-500k - 5.5%
>500k - 5.2%

5.2% not good enough? Why withdraw?

If there's no tiered dividend and announcement is 5.2% for everyone, will they withdraw?

Well your analysis is from economy POV, while my tikam is from political POV. I'm not talking this is the better way but I think is the more possible case. I hope you understand what tikam means. 

My wild guess is the priority of the gomen is to do something to please the B40.

I hope I was wrong tho.

The whole klse will crash

If they force employer then more ppl will be fired lo. Easy. Either fire more ppl or increase price aka inflation. Instead of forcing employer, change working attitude then things will be different. Seriously, the issue is not with other ppl. Stop harassing other ppl. Look at the individual or within. It's the person's own problem. Work extra work harder and spend what you really need. Financial education please. Learn. There is no way around it. If one doesn't want to help oneself then no amount of external help is enough.

Boss.. What you said it's correct but you are worsening the "current" issue. Ppl wanna withdraw and forcing gov to withdraw coz cannot buy food already. If you increase kwsp contribution they have even less money to spend isn't it? Lol. The idea of higher personal contributions are good to force ppl to save more. The issue here is ppl too "financial uneducated" to realize that and wanna take out money buy junks and then become poor and want gov fix thier stupidity by giving them more. That's the issue. And no, if you force employer to give more, then at current gloomy market, the effect will be cut salary, fired, cut benefit or pass to consumer. No employer (except goverment) will want that. Even if gov, it just means we need bigger budget for civil servant salary which in itself another big issue. So it is worsening "current" issue. So no.

DFM says got 6.7million above age 55 have less than RM 10k.....ever wonder is because once reached 55, 1st thing they do is withdraw all the money out?

because thats what happened to my parent....they afraid govt songlap lol

wah... above 5%... really can celebrate
too bad the money can see cant use
hopefully before i die i can touch it lo

use for Education or Housing lorh..

upgrade to new house, use EPF money...

at least u can "feel" the money 

For this year, my own excel calculation after plug-in 5.35%
- account 1 dividend off by +0.009 ringgit or +0.9 cent
- account 2 dividend off by -0.015 ringgit or -1.5 cent
Lump sum total off by -0.006 ringgit or -0.6 cent


I'm using existing same bank account already in EPF system many years ago for house-withdrawal. No change hence no need any statement.

First time must perform via OTC, take number for withdrawal purpose, call to counter, sign on printed form by CS, thumbprint, MyKad. Money in bank within 3-4 working days.

Subsequent onwards, no need OTC. Second time I did via PC website online. As long less than rm30k per day. Money in bank within 2-3 working days.

Source

2023 gross income RM67.39 billion,  should be higher than 5.5 % ?

interesting.... aum jumped by 13% almost... yet....

EPF is also created for retirement. However, if EPF was to have capped my contribution at 8k years back, i would have found it rather difficult to retire now. Now think of those who are less blessed than me!  They would have to continue to work till 100 years old.
IF the exchange rate of RM to SGD remained at 1, maybe we could cap.
Now as it is, even RM5 million is not so much. Better than most, but it's only SGD 1.4 million.

Normal contribution.
Never contributed extra. Not even sure if they allowed that in the 1980s! 
well, imagine earning RM10k at 30 in 1992. AND having 4 to 5 months bonus on top annually.    growing at 5% per annum. 

Nothing was mentioned about how many times can one transfer to account 1 or 2. would be moot if only once since the account 3 will receive money monthly.

it is kind of weird to see one small group of people trying frantically to keep the money in epf, while the greater lot are impatiently wanting to empty it out. if this trend continues, the nation will have to face problems in the future.

there's rumours going on in the market...

one reason of MYR getting stronger is because of GLC & those investments funds is selling off some of their investments in Foreign countries & converting back to MYR.... and EPF is one of them 

The EPF said over 80 per cent of the EPF's new investment allocation was directed to the domestic market, and its remains dedicated to supporting and contributing towards achieving the goals outlined in the Madani Economy Framework.

https://www.nst.com.my/business/corporate/2...qgMerWnv15-UfKQ

Please look for the evidence again.

Unker can feel common sense is winning here.