How long will dividend be paid following the death of a member? My dad passed away a couple of years back and dividends have been paid so far every year. The last time I visited a branch, the staff there told me that dividend will be paid until a nominee initiates the withdrawal process by submitting the death cert etc, otherwise it will be paid until the member age reaches 100 years old.

KWSP website also lists the below
https://www.kwsp.gov.my/-/epf-no-change-to-...e-60-withdrawal

I have some concerns that I just thought about recently.

1. Will JPN one day notify KWSP that my dad is already deceased and thus KWSP will stop dividend payments to his account?

2. If the above never happens, KWSP notes that dividend will continue to be paid until the member reaches 100 years old before it is transferred to the Registrar of Unclaimed Money but some websites pointed me to the UNCLAIMED MONEYS ACT 1965 where an account which has been dormant for 7 years can be transferred to the Registrar of Unclaimed Money at any time. Which one is applicable in this case or do I need to add payment to my dad's account to keep it active?

Appreciate if anyone has some experience on this. My family feel that it is a waste to withdraw the money and to stop benefiting from the dividend payments.

No longer eligible for the death benefit as at the last time I visited the branch.

Well, guess I have to see if anyone has experienced something similar. The few times I have made inquiries, none of the staff have mentioned this though. Each staff said that the money can be kept till 100 years until death cert is submitted.

Is this part of the stimulus package? I might have missed some of the details when I glanced through the news.

Hi guys, i should have found this thread earlier ! Just found it .. I am a freelancer, i usually self-contribute to my EPF..
Is it still advisable to continue contributing to my own EPF now ? read something above about gov is using EPF money to save employer or something like that? .. that means using our EPF money right 

Was also wondering what is going to happen to dividend for this year 2020 .. are they still going to give dividend ?

is there a timeframe for us to withdraw from our i-lestari account? still contemplating whether to do so or not.

Hi sir. I'm quite confused about this. Went to investmart exhibition last year and a guy explained to me about PRS. I fall under the 24% tax bracket. He calculated and same as your figure it would be tax saving of RM720. I was not convinced that PRS is worthwhile. may I know what you mean by 'make' RM3k? and also, is the tax relief fall under 'EPF and life insurance'? because if it is, it's already maxed out to 6k. I'm trying to figure out the benefits of PRS.

Question - until attaining what age can I do self contribution of 60k per year?

So I saw someone speculate that EPF may increase the withdrawal year.

Any thoughts on that? Are you guys still topping up?

Thanks, but I did not see any age mentioned anywhere in the page.

At the end 2018, Only  36910 or  0.5% of the total active EPF member saved more than 1 mil.

continue reading..., expect not many EPF contributor have not enough money to retired.

Hi guys.. Wondering doe anyone know what is happening with our EPF Dividend now ? Seems like no updates/news until now .. Are they avoiding and staying low profile, cause no dividend this year due to current situation? 

I heard EPF will bring up age to 65 for withrawal. Is it true?

YES,... I have to agree with this one,... I noted this too,... but now, I am caught a bit, I sent them out to Australia at a young age. I am not sure if I can't withdraw my SSPN contributions to finance their overseas education later in The US or Europe when they reach tertiary education level.

..........
Side note here : Predicted last month and recorded here in this thread that BNM will cut the Statutory Requirement Ratio (SRR) and the Overnight Policy Rate (OPR) by another 25 basis points at the meeting in July or August. Let's see if my predictions are correct,...

The July meeting shld be held around the first or second week of July every year,...

Tq,... this is good news to me,...

I have another question,... back when I first applied to deposit for SSPN for my kids, there was mention that if we have a minimum of RM10k inside an SSPN Acct, the gov't will match this RM10k and 'give' us another RM10k as an incentive for us.

I remembered this was during the administration of Mr Abdullah Ahmad Badawi.

Is this RM10K incentive still being given ?

Hi guys, I’ve recently installed the kwsp I-akaun and found out that my retirement fund is currently suspended and in a loss. 🙁

Am I suppose to switch to another fund or let it be hoping that it will rebound back?

Do anyone here know how do I switch it back to EPF? Tried checking the i-akaun kwsp app but I can’t find any way to do it. Or I’m supposed to go to kwsp to do it?

Ok, Now I have a different plan. Might just switch to a different investment. Gonna try “Principal Islamic Lifetime Enhanced Sukuk Fund” which is a low risk fund.

🙏

EPF Dividend for 2021 what do you guys think? this year 2020 is gone because of this pandemic