It will be announced tomorrow. Then you can log in and check your sum right after that

A little bird told me it will be in the mid 5% range and will be announced as soon as next weekend

This post has been edited by Havoc Knightmare: Jan 30 2017, 06:28 PM

Well, we'll see if my little bird is right soon enough

Correction- announcement should be after Valentines Day.

#PengumumanKWSP

Pelanggan yang dihormati,
Dimaklumkan Kaunter Perkhidmatan KWSP akan ditutup lebih awal iaitu pada jam 4.00 petang pada 17 Februari 2017 bagi melaksanakan aktiviti penambahbaikan sistem KWSP.
Segala kesulitan yang timbul amatlah dikesali.

Terima kasih.

Quoted from EPF's FB page. Ahem ahem

5.7%. In line with what I heard..

Log into your EPF account and you'll see it with your own eyes.

You can't just look at absolute numbers because the dividend payout is relative. EPF holders account balance has increased by a larger percentage than income did. The 46.6B has to be divided over a larger base for 2016 as compared to 44.2B in 2015.

The only way to know if they are paying out all their income is to look at their reserves in their balance sheet. Sometimes they hold back from declaring all the income as dividends to keep some as reserves. Which will be used to maintain the dividend rate in bad years.

On the other hand you have some other government institutions who over declare dividends relative to income to the point where they become insolvent.

It's not much. Consider if suddenly the stock market crashes this year and Income drops sharply, to say 10-20 B from 40+ at present. 9.5B will be hardly enough to cushion this drop. As for OPEX, its usually deducted against Income generated, just like unit trust. So the 46.6B is already net of their OPEX

It's kept so that we will still have dividends during years like 2008-9 when the stock market drops like 50%. Do you think EPF actually generates positive income in those years? Whatever dividends that they give you then will come from this reserve. If they don't you guys will be screaming bloody murder.

On another note, it's annoying to see everyone complaining bout the lower dividend rate here. The KLCI ended the year lower last year and economy is growing at the slowest rate in recent years, the lower dividend rate should not be a surprise to anyone.

You should be entitled. Because the dividends are based on your average throughout 2016, not as of this year.

They have been paying out all of their distributable income, although there is no legal requirement for them to do so, except the minimum of 2.5% as someone mentioned. So far what has been retained is generally non-distributable gains.

The next dividend should be fine guys, it's the one that is coming in 2020 that we should be worried about.

Our population is starting to age already, it's just a matter of time before withdrawals exceed contributions.

The public keeps obsessing over the impact of the stock market on EPF returns when they are missing out on something that is just as big that is undergoing changes, that is EPFs debt investments.

While the new government likes to talk about the RM1 trillion of national debt as a purely bad thing, in reality EPF is the largest holder of the government's debt. It is EPF's debt investments, of which the bulk of It is in government bonds, that allows EPF to generate a steady base of investment income year after year even when markets are down like in 2018.

As the new government has stated that they want to reduce debt levels and interest payment on the debt load, if they do achieve their target this will result in lower investment income for EPF and in turn, lower dividend payments for us in the long run.

This post has been edited by Havoc Knightmare: Jan 14 2019, 08:11 PM

A little birdie says that it will be announced this weekend.

It's not possible because the shariah universe of products is smaller than conventional. If there's a good shariah compliant stock, the conventional and shariah funds can buy in. But if there's a good stock that is not shariah compliant, only the conventional funds can buy in. Since the folks managing both funds are largely the same people, this is the inevitable outcome. At best both types perform equally.

This post has been edited by Havoc Knightmare: Feb 16 2019, 02:09 PM

That could be due to different fund managers. In companies like CIMB Principal, the conventional and shariah funds are managed by two distinct teams that have little interactions with each other. With EPF, it is the same team.

Divide by your average balance for the year, not year end.