Given current situation, with no mention by EPF. Very likely. All our dividends pulled down by these withdrawal idiots. Hopefully, they withdraw every month so then the situation will be less impactful. Others will also transfer to Acc 3 if there is no difference. But later maybe do a rug pull after you transfer, then say dividend will be minimal for Acc 3....

Does bank give same interest for savings account and FD? There’s a reason why they can give higher interest by locking your money. Account 3 can be withdrawed anytime, why on earth they give you same interest?

While that analysis is quite sound, can't fault people for thinking it will drag/impact overall dividend as the original allocation of money market/cash was likely for cash flow and risk purpose to facilitate other assets.

Now that there is a specific fund allocated for liquidity purpose (withdrawal instead of facilitating cashflow of investments), some people would expect that the carved portion likely to be stored in cash or money market hence the likelihood of less income generation (if placed in money market fund maybe) or no income generation at all if in cash...

The locked portion (account 1) may have increased from 70% to 75% and the Withdrawable portion may have decreased from 30% (Account 2) to 25% (15% Account 2 + 10% Account 3), but don't forget that the current withdrawal of account 2 is based on limited conditions.

While EPF probably have retain some liquidity in the past for potential withdrawal, it is not likely to be the full 30% (depends on their risk assessment), now there is a minimum 10% that they are required to hold in reserve + 15% potentially withdrawal amounts.

KUALA LUMPUR: Economists believe it is highly likely that a lower dividend rate will be assigned to the Employees Provident Fund's (EPF) planned flexible account or Account 3 when it comes into effect next year.

Less than 10 per cent of the total sum of contribution also should be allocated to the flexible account which allows for withdrawals.

Bank Muamalat Malaysia Bhd chief economist and social finance head Dr Mohd Afzanizam Abdul Rashid told Business Times, given the expected short tenure of the money kept in Account 3, it would seem likely that the it would command lower returns than the other other accounts which are not as easily withdrawn from.
https://www.nst.com.my/business/corporate/2...s-epf-account-3

You’re not answering my question and try to kelentong. Simple logic, the lesser EPF can lock your money/more withdrawals, the lower the dividend will be. No need to talk so much bullshit. I think you better stick to kopitiam la with your peanut ego brain - most of your post are there anyway.

Don’t. Our keyboard warrior contestchris is smarter than Bank’s chief economist apparently. His ego confirm triggered by this.

Finally some revelation:

https://www.malaymail.com/news/malaysia/202...rst-year/130739
So what i said earlier is correct....EPF could pull the rug under you.

Earliar got one forumner here very langsi scold everybody say no impact to EPF dividend...say we all bodoh....looks who bodoh now....

Not going to opt in because I dun want to put more into acc 1.

If originally I can withdraw 100% of acc 2, now I can only withdraw 83% of it.

Talk so much. End of the day. Dividend in Acc3 MIGHT be affected depending on EPF. As what most people said earlier. So now you changed story... .earliar was scolding everyone bodoh, when it's logical that high liquidity account will only be able to get low yield, else if it's a flat rate, definitely the overall dividend will be pulled down. Money don't grow from thin air. No need rocket science. Now still need to save face saying what everyone else already said. Next time, without facts and info, don't go so gung ho and langsi. Make yourself looks stupid only.

Finally a black and white answer about self contribution, for those who want to treat EPF like saving account, too bad. https://soyacincau.com/2024/04/30/epf-accou...ribution-ratio/

cause they will change their % soon, my speculation.

acc 3 doesn't make sense to have same % interest as acc 1 and acc 2

this stat is stupid rite?

there are around 80K persons with epf balance above 1 million, and EPF recorded that there are 16.1 million members. so what does this mean?

the people with 1 million and above is the top 0.5%.... not even T01, these are T0.5
and yet many claim 1 million is not enough to retire, but according to stats, these are already top 0.5% in Malaysia. may as well ask the rest of 99.5% to give up completely....

so, which is right? the stats is wrong or we are fools to believe the stats?   

There's some who said EPF doing all this because they lack of $$$ to pay???

Seriously??

Monthly $$$ from contributors not enough to cover all the withdrawal??! 55yo, 60yo, account 3, housing etc.?????
. don't think so

Not logical to have the same dividends for both. How can you get the same rate when you got less market to invest in? That only means the conventional investment failed

hi all, just wanna shamelessly share a weekend project I made for EPF and retirement calculations.

Initially built for my own use, but figured it might be useful for others with the projection of yearly contribution, dividend and spending break down after the dividend news

https://duithero.my/epf-retirement
Do let me know if there’s any good to have details I can add too, cheers