Not true.

The sentences was more because of they want to introduce the islamic principle of KWSP account.

The obligation of minimum 2.5% was all along since last time.
Nothing change, so there is no difference at all.

Min 2.5%, while EPF board has the power to declare interest or rate at their wish based on performance of the fund.

Just they cannot put the minimum 2.5% into the islamic principle hence the sentence was being drafted like that.

The issue is similar to conventional FD/deposit, vs islamic deposit.

Further under the new amendments, the EPF board may have the power to declare a dividend of not less than 2.5% per annum for members who have not elected for their accounts to be managed according to syariah principles

The law tabled has mentioned potential 2 rates of return (if not mistaken), so possibility of different return is there.

If its conventional portfolio is performing better than syariah compliance portfolio, logically thinking, conventional account may get higher return and vice versa.
Just like conventional FD vs islamic deposit.

But it shouldn't be too far away, as bulk of investment of EPF is in MGS, while non-syariah compliance portfolio shouldn't be too high for equities currently. So the difference shouldn't be too great between them.

We shouldn't pre-judge anything, until EPF gives the clear picture. 
While, I don't see too much issue in this matter.

Bulk of investment is in MGS.
MGS currently yield about 4.x%.

While for stock market investment, EPF does receive dividend, and some stocks are performing well due to USD rise (just like financial result of Topglove recently), so there will be still some earning, although likely to be lesser than previous year.

Also EPF does venture into overseas market as well, beside potential gain in valuation in the investment, the exchange rate will gain them some hefty figure as well, as RM has dropped about 25% vs USD.

So return may be less, but dividend declared shouldn't be too bad until need to be below 4~5% or the min 2.5%.

who said Malaysia inflation 1% only   

Department of Statistics said around 3%.

so should be 2.5 + 3 = 5.5% 

safely to say EPF divvy would be min 5% 

only 2%    even without loan, can't be tat low 

Do double check I heard you can only withdraw for one property at a time.  Meaning if you have withdrawn previously for a property, that property has to be fully paid (bank loans) before you can apply to withdraw for another property.  Previously this was not the case.

Employees Provident Fund (EPF), through wholly-owned company Pinggiran Ventures Sdn Bhd, has bought a 50% equity stake in Taliworks Corp Bhd’s unit that owns the operator of the New North Klang Straits Bypass Expressway (NNKSB) for RM66.75mil cash.

NNKSB is a 17.5km two-lane dual carriageway highway which links North Port to Bukit Raja, Klang. The Government had in December last year extended the tenure of the concession to December 2032.

A new online feature is expected to be rolled out in 2017 to help Employees Provident Fund (EPF) members understand and manage their finances better.

EPF strategy management department head Balqais Yusoff says the feature will be a micro-site that will enable contributors to calculate their budget based on their income and also to find out their net worth.

"The microsite will be embedded within the fund's overall corporate website and will include financial advice and tips on retirement planning.

"Through this feature, we want to encourage people to focus on planning their retirement and practise good habits like saving early and having different sources of funds for emergency needs," she says.

Balqais says EPF members will be able to fill up a template according to their own financial standing.

"We are still working out the details of this effort, but it is in the pipeline and, hopefully, it will be ready by 2017," she adds.

http://www.dailyexpress.com.my/news.cfm?NewsID=105097

Call me cynical, I am not a computer graduate, this programming can be done within weeks.

I have my own spreadsheet for similar net worth, expenses projection.

Yes, it may be on a different platform (net vs PC) but still can be done within weeks (expert can even do it within days or hours).

Another project for companies with inside connection?

Yes, confirmed that I am really cynical!

in short, god level songlap for

They will blame UAT

what is VAT?

Wat I meant was 'user acceptance testing' delay the roll-out

"
>> Does EPF set the minimum age required to contribute?

There is no minimum age limit set. Each employee is liable to contribute.
However, the minimum age is 14 years old under Act 350, Child And Young Persons (Employment) Act 1996 (Revised 1998), Employment

Source:

EPF last 9 months earning is better than same period previous year. With KLCI end close to 1700 at 31st Dec, this year dividend should be around 6.5%.

EPF got retain profit to c/fwd next year like ASx? 

I don't see EPF Chairman or CEO announce that statement like PNB fellow. "we can pay xx sen, but decided to keep some for future"