I came from future.
6.25%.

one thing I can see...

your account got tag as "i-saraan" if you officially registered...

previously, u won't know until get the rm300 from government in Sept

under Profile...

got one big list of stuff...

from your name, EPF number, address etc.

bottom got write

...

Malaysia has the best retirement platform, called KWSP 

A few years ago, I had the liberty to talk to friends of mine from London on the same topic. It was said Malaysia has the very best retirement platform called Kumpulan Wang Simpanan Pekerja (KWSP).

Suffice it to say they were envious of such a system in place, notably in a developing country such as ours. Although people in the United Kingdom were paid handsomely in services and wages, they were forced to create their own retirement plans. Japan has a mandatory pension scheme, but the government increases their retirement age to 65 years old. It was said their salary cut was around 30% for the pension scheme. So on average, their monthly pension is 16,610 yen, or RM 530 per month.

https://jesseltontimes.com/2024/02/13/malay...rm-called-kwsp/

EPF app is down for maintenance, ini kari lah?

Seems like it's coming this weekend 🤑💰🔥

Best is to make a trip to the EPF office to get an accurate clarification from the horse’s mouth😄

Doubtful of how your savings are managed?
Choose Simpanan Shariah where your savings are managed in accordance with Shariah and enjoy dividends without worries.

After that you can keep it in peace!

#KWSP #SimpananShariah

Announcement: SGD has just hit another record high.

and gonna reduce some more to focus on domestic sectors

Tax expert predicts 2023 EPF dividend rate at below 6% yet higher than previous year’s 5.35%

MALAYSIANS can expect some solace or silver lining amid the drastic fall of the ringgit as the Employees’ Provident Fund (EPF) is likely to declare 2023 dividend payout between 5.5% and 5.8% in early March.

“In simple term, it is better than the previous year but EPF members should not have too high an expectation.”

Even as the unemployment rate has declined, Koong pointed out that EPF is still reeling from the “lost funds” effect – referring to the four times of special withdrawals during at the height of the COVID-19 pandemic – which have not been channelled back to the retirement fund.

“To declare the dividend payout of 6%, EPF will have to maintain current dividend payout as well as deliver a better performance in its investment portfolios for one to two years,”.

https://focusmalaysia.my/tax-expert-predict...ous-years-5-35/

he speaks the truth nobody dare say ma.... the 4x withdrawal was not well planned at all..

Nice try but hook no fish 

Here's a table showing the year-by-year comparison of the investment amount for both scenarios:

Year	Consistent 5.5% EIR	10% EIR with -10% Adjustments
------	---------------------	-------------------------------
1	105.50	110.00
2	111.30	121.00
3	117.42	133.10
4	123.88	146.41
5	130.70	131.77 (after -10%)
6	137.88	144.95
7	145.47	159.44
8	153.47	143.50 (after -10%)
9	161.91	157.85
10	170.81	173.63

This table illustrates how the consistent 5.5% EIR provides a steady increase in investment value, while the 10% EIR scenario shows fluctuations due to the -10% adjustments in years 5 and 8. Despite these fluctuations, the total amount after 10 years in the second scenario ends up slightly higher than in the first, highlighting the impact of higher risk and potential reward.
The second scenario, which involves a 10% effective interest rate (EIR) with a couple of years experiencing a -10% adjustment, is riskier compared to a consistent 5.5% EIR for several reasons:

1. **Volatility**: The presence of negative returns (-10%) introduces volatility, meaning the investment value can decrease significantly during those years. This unpredictability can be riskier, especially if the investment needs to be liquidated during a down year.

2. **Compounding Effect**: While the compounding effect can work in favor of an investor when returns are consistently positive, it can also amplify losses during negative return years. This means that recovering from a -10% loss requires more than a 10% gain the following year to break even due to the compound interest effect.

3. **Predictability and Planning**: A consistent 5.5% EIR provides more predictability, allowing for better financial planning and less stress about potential negative impacts on the investment due to market fluctuations or other factors.

4. **Risk Tolerance**: The second scenario might be more suitable for investors with a higher risk tolerance who are willing to accept the possibility of negative returns for the potential of achieving slightly higher gains over the long term. In contrast, a consistent 5.5% EIR is more suitable for conservative investors who prefer stability and lower risk.

Thus, while the second scenario may offer a slightly higher final amount after 10 years, it carries more risk due to its volatility and the negative returns experienced in certain years.

Old guy like me will take scenario 1 to protect 30 years of my retirement fund to cover needs. Anything more I would put in higher risk assets and rebalance yearly.

This has more history:
https://pages.stern.nyu.edu/~adamodar/New_H.../histretSP.html

Joined PNB in July 2020

Harvard economics degree

Danaharta, danajamin, khazanah and PNB

He has more asset management experience then Amir who was a more corporate guy.

Id say give him a chance.

Only joined not even 1 month...

Give the guy some space & chance to perform 🧐

EPF is one of the biggest fund in Malaysia... So cannot really play around 😔

Upcoming dividend sure cannot blame him.... The old guy responsibility....

Q1 results partly his responsibility...

Q2 & above definitely confirm his responsibility... That's where we can see if he fit for the job or not....

now is the classification time, how much dividend u get this year.

B40 - 0 to 40k
M40 - 41k to 131k
T20 - 131k >

Think is based on this.

regardless 5.5 or 6.5%, anybody here gonna stop topping up 100k into epf?