Effective 1st January 2019 and the adoption of MFRS9, EPF will no longer provide for impairments to its investments.  (note : if there were impairments for example, it would be recognised in the statement of comprehensive income and not the current year P/L).

The dividend rate would be much much lower if this had not been the case.

2) His KWSP contribution is stardard rate that is 11% self, 13% boss

this morning, my boss (age 31) printed his EPF stmt and I saw got RM 210K...I am 2 years younger and only at RM 100K (half)..feeling so low..

thanks for this stat.

previously i recall reading personal income tax taxpayer is approximately 1 mil person only.
so only <10% of the workforce require to pay income tax?

If really above 15%..
Why needed to share to people when u can maximize it your own...

Okay, you win !!

Are you sure you are talking about the same thing?
An investment that can return 15% pa?

I dont see how you can make 15% like that
sounds more like you take people's money and  you give them 15%  instead.

No investor will pay fee 15% pa of their CAPITAL to let you invest for them.

interesting....

btw, did you back track for a few years to do the comparison (as above) and see if the actual announced dividend rate is per that "formula"?
if are correct, then can use that for future prediction....

that's incorrect as:
1. assuming inflow rate > outflow rate for contributors
2. cumulative quarters needs to be higher than previous based on capital size increased

so the return of 35.48b is theoretically based on a higher capital compared to last year when they made 39.88 imho

so technically it's lower than 5.47% for all things equal.

In today's edge magazine it says

"EPF needs RM50 bil to pay 6% in 2020"

So they need RM15 bil in Q4 to make RM50 bil. Unlikely I think.

as good as ASB at 5.5%? Impressive!!

One question I have on EPF and PLUS which I hope some gurus here can help clarify.

From this news report, PLUS is still suffering from loses which suggests that "could be due to its dividend payouts exceeding its profits."

Let's not go into the reduce-toll-fare, extend-concession debate, just focus on business fundamentals. 
So, why hold an unprofitable business? Wouldn't that take a toll on EPF's long-term financial outlook should the loses persist, especially when dividends declared exceed profit. That doesn't look like a financially sound decision to me.

Or is it because of the strong cash flow?

Hi guys, How do I contribute monthly to EPF if I work overseas ?

EPF is regarded as the owner of RHB...

Just asking coz im worry my company didnt pay my epf. checked online since decmber last year till today my epf balance is not updated or increase. Is it epf declaration dividend still in process?

I moved my savings from asm to epf for the higher interest rate and for the sole purpose of paying off my mortgage. I only remember about account 1 and 2 exist after I transfer. And that most of it will go to account 1 which I won't be able to withdraw until I retire. It defeats my purpose which is to clear my house loan. I feel so dumb right now. Arghhhhhhhhhh. Can we ask epf to put the transfer to account 2 only?

EPF dividend is daily rest. If deposited on 2 Jan 2020, then you will get 364/365 for 2020's year dividend.

you mean you have done transferring >RM30k using PBE internet banking with secure device using personal a/c to FSM before?

Strange. That was what I was told when I went to the EPF office some years ago.

Also, my spreadsheet checks on the dividend I got (based on daily rest) have been very close to what was in my account (down to the cents).

thanks for the info....

had to do it thru a spread of 5 days in July last year....

anyway, any idea of the max amount?