17 Feb 2013: EPF declares 6.15% dividend for 2012.

16 Feb 2014: EPF declares 6.35% dividend for 2013.

7 Feb 2015: EPF declares 6.75% dividend for 2014.

20 Feb 2016: EPF declares 6.4% dividend for 2015.

18 Feb 2017: EPF declares 5.7% dividend for 2016.

10 Feb 2018: EPF declares 6.9% (Conventional) and 6.4% (Shariah) dividend for 2017.

16 Feb 2019: EPF declares 6.15% (Conventional) and 5.9% (Shariah) dividend for 2018.

22 Feb 2020: EPF declared 5.45% (Conventional) and 5.0% (Shariah) dividend for 2019.

27 Feb 2021: EPF declared 5.20% (Conventional) and 4.9% (Shariah) dividend for 2020.

This post has been edited by techie.opinion: Mar 15 2021, 10:05 PM

Read the news:

http://thestar.com.my/news/story.asp?file=...2137&sec=nation

Vey happy,double my FD rates.
Cheked my account online and already credited in.
Very efficient.

techie,

As a friendly feedback, if you would like to share something, please provide the link so that it ease us to read it and get the information. it is not a wise move if you just share it without a links, please do just like David83.

This post has been edited by adolph: Feb 17 2013, 04:22 PM

I wish every year is an election year

possible - election held again for hooping MP.

Unfortunately this is the wish of immaturity.....to feed off the politicians....similarly to the BR1M.....

Handouts and handouts galore.........grovelling at the feet of them politicians while they make
their millions and crash the country

When that happpens, how much is your RMs in the EPF worth?

0.15% higher than last year. But don't know the upward trend will happen on next year not...

hmmm....anyone know how to calculate the dividend amount? Just multiply 0.0615 with the amount?? any admin fee deduction?? When I calculated the amount credited...it's only 5.8% Why??

I think it is calculated based on balance left each month up till 31 Dec. Meaning you cannot use 31Dec2012 balance to calculate.

I never without my EPF for property. Whether to withdraw out from the account 2 or use my money in bank?

This post has been edited by charlie39: Feb 22 2013, 06:20 PM

very happy retiree

i'm no finance expert..but both has it's own advantages and disadvantages

take from epf:
- you have more cash to move around in the near future (the time where u r not yet 55), so u might be able to do investment/buy another property that is higher than epf dividend
-very good for those who dun have cash to buy their first house (higher and higher house cost, majority situation reach to capital growth if buy house rather than keep in epf)

remain money from epf:
-higher dividend that fixed deposit and other investment if u don't really know how to invest
-but u can only get after age 55
-u dunno what will happen with our goverment and country (example: greece)

This post has been edited by cempedaklife: Feb 23 2013, 02:36 PM

i like your professional statement mr. prophetjul.

It should be the December amount multiplied with 6.15%, it SHOULD NOT be 5.80% only. There is a problem here.

I believe the formula is not that straight forward. I believe it's using pro-rated formula.

Refer to this: http://1-million-dollar-blog.com/how-to-ca...e-epf-dividend/

Let me resolve this once and for all:

Take
Dec-11 balance x 6.15%
Jan-12 contribution x 6.15% x 11/12 (assuming contribution is credited into EPF account at mid-month)
Feb-12 contribution x 6.15% x 10/12
Mar-12 contribution x 6.15% x 9/12
...
Dec-12 contribution should get nothing

U should roughly get the amount, plus and minus some rounding.

This post has been edited by Pink Spider: Feb 24 2013, 05:22 PM

any predictions for 2013 epf dividend rates???

i would say...

6.05%

should be 5 to 6%

Stock market so good in malaysia and all over the world. Should be better than last year. 6.5% ?

lol theres really no telling

Retain some profit for bad years.........

not yet announce, wait for FEB.

last year election year also manage to cough out 6.15%.
this year i think will be below 6%

Based on EPF's 2013 performance, I think it is in the 6.20 - 6.28% range. But you know our govt is very good in keeping some $ aside for the just in case.

Hope to see 6.2X% in Feb.

2012 was 6.15%
Predict 6.20% for 2013

Actually dividend higher than 6% is already quite good...hope bn don't disappoint us...

Agreed

juz hope they don't "songlap" some of the money & give lower dividend

6% after songlap la bro

those r from oil money

sincerely hope not =(

EPF will have to share profits with other funds.........so

Yape, anyway, i am projecting a dividend of at least 6.15% (worse to worse scenario)..

I think it is quite low possibility that they will issue the dividend lower than the previous years because of their previous report that the EPF income had increased.

EPF Reports Higher Income

Folks,

I gaze into my crystal ball and I predict the EPF distribution will be less than 6% in 2014. In fact I'll wager it to be around 5.5 to 6.0%.

If I am right, ask me again how I get this prediction.

Xuzen

Announcement will b end Jan 14 or early Feb 14

I don't think so. Malaysia is different, didn't you know?

The government is even trying to withold monies... read it here:

http://www.iklanlahpercuma.com/2013/12/30/...anan-asas-2014/

my guess would be 6.5%, due to pre-GST implementation and everybody will sure be noisy when EPF announce < 6%

4%

Usually late Feb or early Mar.

Xuzen

Thanks for the link. But I am confused. The recent cap of RM196,800 announcement is it mean that at age 55, I must keep RM196,800 in EPF and cannot take out ? Or is it means for withdrawal of A/c 1 to invest in Unit Trust, the calculation is based on RM196,800 ? And when I reach 55 y/o I still can withdraw all amount and close EPF a/c ?

yes, Calculation based on RM 196.800 at age 55, if younger....lower rate, (ex, RM 27 000 for age 30) and yes. (until further notice)...
Purpose:
This withdrawal allows you to withdraw part of your savings in Account 1 for investments to increase your retirement fund to support your life after retirement.
You are allowed to invest not more than 20% of the total amount in excess of your Basic Savings in Account 1 through the Appointed Fund Management Institutes approved by the Ministry of Finance.
Basic Savings:
With regards to the second statement from the Purpose section, Basic Savings is defined as;

"A pre-determined savings amount in your Account 1 according to your age to enable you to achieve a minimum savings amount of RM196,800.00 when you are 55 years old. The savings cannot be withdrawn until you are 55 years old."


This post has been edited by yklooi: Jan 15 2014, 09:10 AM

That is what I understand. The new rule is to revise the amount eligible to withdraw to invest in Unit Trust

But in the linked article, it seems to say that the new rule require us at age 55, we must keep RM196,800 in the EPF a/c and cannot withdraw all monies Thanks for the confirmation

I thought I read a newspaper report that the overall performance of those who used EPF money for UT investments did not do well (they withdrew too early? Bought the wrong UT? Etc).

Now EPF is encouraging people to use EPF $ to invest in UT? Does not add up.

Yes, I know EPF has too much $ to look after. But ...

"Now"??
i thought the scheme had started years back......(i think it started in 1996)

edited..double posting.

This post has been edited by yklooi: Jan 15 2014, 11:16 AM

Sorry for the confusion.

I know withdrawal from EPF for UT investment was started many years ago (I used it and luckily for me, I withdrew all UT back to EPF a year or 2 before the 2008 crash).

I thought now EPF allows a bigger amount for UT investment. And thus the irrational logic behind it.

Cheerio.

yup seem like i'm one of them bought wrong UT

Good and happy for you...(what made you made "see" to decide to withdraw before 2008?)

==> I have a crystal ball! Ha. Our economy cycle was at every 8-10 years and thus looking at the crash in 1998, add 8 years, then the year. Yes, I got out a bit too early as the prices went further up. But the volatility got better of me and decided to cash in. No regret for my decision.

Note that I used "was" for the cycle. I think the cycle is shorter now. So don't use that as the fixed yardstick.


most people would say otherwise

==> May be I read it wrongly then.

Cheerio.

Basically the move is just to discourage the withdrawal of EPF for anything, especially unit trust investment. The calculation table is just a guide for EPF officers to deny your claim to withdraw, if you don't have sufficient funds that is. Most blue collar and fresh grad white collar yuppies don't have that much to begin with.

The reason why this is being done is up to speculation. But imho, there isn't enough funds if everyone withdraws.

But not to run off topic. The EPF dividend rate should be not too high but not too low either. If it is too low, majority of people sure wanna withdraw and invest to unit trust or mutual funds.

Still no announcement?

I assume you are referring to the announcement for 2013 EPF dividend, right?

It was announced on 17 Feb 2013 for 2012.

Surprisingly, EPF has already closed its 2014 statement access about a week or 2 ago. I think that is for the 2013 dividend calculations etc.

My guess is early to mid Feb for the %.

Cheerio.

thanks

IMHO.. 2013 will be lower than 2012. 2012 gov give higher to buy more votes...

Lets wait for announcement pre/post CNY

EPF has hinted dividend may be lower for 2013 in June, 2013.

http://www.thesundaily.my/news/744767

Bad news

Should be announce around these few day right?

in 2 weeks time i guess. just after CNY.

......as such, everybody should withdraw from EPF and invest in mutual funds......

Unit trust investment is not needed if EPF has been doing their job in the first place. What people should do is to think wisely prior to making their decision in the next general election.

This post has been edited by felixwang: Jan 22 2014, 11:53 PM

>50% of EPF moneys are forced savings errr... I mean invested in Govt Bonds. How to give you double digit rate of return?

Xuzen

hard to say oso...if they invest majority high risk high return portfolio malaysians cant even sleep tightly at night worrying bout their money....hope they announce a good or acceptable amount of 'ang pow' for us after CNY....come on you gotta compensate for all the tariff hike and reduce fuel n goods subsidization

I agree with you, Xuzen. In actual facts, more than 70% of EPF is invested in the debt-market as to guarantee a minimum return of 2.5%pa. Despite a good dividend declaration at an average of 5.5%pa for a period of the past 10 years, it is just not good enough to supports the ever increasing living cost in Malaysia.

EPF should consider investing a larger portion of their bond dominated fund in the equity market or risked defeating its purpose of failing to provide sufficient savings to see their members through retirement. Based on their own statistic that is published in the Star newspaper, more than 75% of EPF members who turn 54 years old in 2013 has RM 50K or less in their EPF savings account.

They should follow the move by Indian Government by allowing their National Pension System (NPS) to invest up to 50% of their fund in the equity market. As a result, NPS is generating a total return of between 9% and 10%pa in the past 5 years. An additional return of 4%pa can be easily translated to 119% in 20 years time.

Some may disagree with the strategy employed by NPS but desperate times need desperate measures. Personally, I feel that medium income earning Malaysian can no longer afford to have a conservative investment scheme.

Max,

Whatever ang-pow cum distribution they announce makes no difference to me... the money can see but cannot touch.

Xuzen

That was announced in June 2013, maybe reflecting on the poor return for Q1 2013. However, Q2 and Q3 2013 have the highest respective Q earnings to date! Hoping that Q4 2103 will also be another record. Then I expect 6.20 - 6.28% for 2013. Keep my fingers crossed. Ha.

R u a UT consultant?

very much agreed..

i never involved kwsp into my net worth calculation as well because the money in there cannot be touched..

better think twice when investing your money...

EPF Holders Lost Money in Unit Trusts

just because many people think that kwsp is not their money, they ended up making more lost when they invested at the wrong or non-performing unit trusts..

Looks like my English is really bad. Look at the avatar and signature of the person I am replying to. I am being sarcastic there but it ended up I was promoting UT

High risk high return. Low risk low return. How can we compare EPF with UT. But there are UT agents trying to sell their products by comparing them. Utterly unprofessional

Oic...
Anyway, support yo stand on integrity

Agreed. We need to do some "research" first before investing. No matter if it's EPF or own money into UT, commodities or Shares investments

yape, those are common mistakes especially when their research are solely based on the unit trusts consultant..

well, i have a few friends caught up.. just because wanting to know more from the consultant, ended up buying the unit trusts without sufficient research..

always remember that KWSP is still our money..

This post has been edited by smartinvestor01: Jan 24 2014, 08:32 AM

Just sharing - sourced from EPF's annual report

Dividends by Years


1952-1959 2.50
1960-1962 4.00
1963 5.00
1964 5.25
1965-1967 5.50
1968-1970 5.75
1971 5.80
1972-1973 5.85
1974-1975 6.60
1976-1978 7.00
1979 7.25
1980-1982 8.00
1983-1987 8.50
1988-1994 8.00
1995 7.50
1996 7.70
1997-1998 6.70
1999 6.84
2000 6.00
2001 5.00
2002 4.25
2003 4.50
2004 4.75
2005 5.00
2006 5.15
2007 5.80
2008 4.50
2009 5.65
2010 5.80
2011 6.00
2012 6.15
2013 ???

Can an employee contribute > 11%?

yes

you can always contribute voluntarily through the maybank or public bank online banking..

sometimes when i have extra, i will contribute extra too...

If keen to contribute xtra 2% every mth, need to notify employer to make arrangement?

U refer to self employed or wage earner?

I thought there is a limit of RM60K pa for self contribution. No?

yes. but some HR would not want to take the hassle because it requires the directors signature and some forms for it to be implemented..

Certain HR wants the contribution to be standardized so that it is easy to monitor...

When you contribute more, the government will still tax you on the income.
The current dividend isn't so great. Better invest on you own.

If EPF can pay 6% +/- every year together with compounding effect, very gud deal for me

Forced saving

i am a wage earner.. sometimes when i see my epf got figure which is ''alang-alang'' one, for instance another RM100 to RM40K, then i will bank-in into my epf via Public Bank or Maybank just to round out the total amount in my epf..

anyone can bank-in anytime without going through the employer..

U bank in over d counter or online at Public/Mbb?

I bank-in online through my Public bank online and Mbb online..

Very convenience..

It takes about 3 working days for the bank to transfer your money into KWSP.. So you can start to check on your kwsp the third or forth working day to see whether the money has been successfully bank in into your kwsp account..

but be very careful when you key in your membership number.. better to ensure that all the details are accurately keyed-in as you might not want the fund to be transfer to the wrong membership account..

Although their side might cross check your membership no with your ic, there are still rooms for mistakes to happen if the details are inaccurate..

Cheers..

This is more recent:
http://www.thesundaily.my/news/889915

yape, my expectation is still high for the dividends for kwsp dividend which would be announced sometime maybe in february..

M on same page with u

Yes that is one of the benefits.
The downside is its difficult to withdraw when you need it, before retirement.