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 EPF DIVIDEND, EPF

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cybpsych
post Feb 11 2014, 09:03 AM

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EPF may declare dividend of up to 6.4%

QUOTE
KUALA LUMPUR (Feb 11, 2014): The Employees Provident Fund (EPF) may declare a dividend of up to 6.4% for last year, up from 6.15% in 2012.

Sources said the dividend is expected to be announced next week.

http://www.thesundaily.my/news/953722

cybpsych
post Feb 11 2014, 09:22 AM

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QUOTE(cybermaster98 @ Feb 11 2014, 09:20 AM)
They're hard pressed to ensure members keep their funds in EPF rather than take it out. So they have no choice but to declare a higher dividend to entice them.
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also to "sweeten" Kajang folks with the upcoming bi-election thumbup.gif
cybpsych
post Feb 15 2014, 10:21 AM

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QUOTE(wil-i-am @ Feb 15 2014, 08:56 AM)
EPF is finalizing 2013 dividend?

A maintenance activity is being carried out on 14 February 2014 (Friday) from 5.30 p.m to 16 February 2014 (Sunday), 3.00 a.m. This activity will cause the i-Akaun to be inaccessible during this time.

The i-Akaun facilities will only be accessible and operate as usual after 3.00 a.m, on 16 February 2014.

We apologise for any inconveniences caused.
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the timing is interesting, chances are EPF could be announcing tomorrow (recent historical trend to announce on Sunday, credit on Monday) thumbup.gif

here's a comparison table of announcement date/day vs credit date/day rclxms.gif

Announcement DateDayDividendYearCredit DateDaySource
16 Feb, 2014Sun6.35%201317 Feb, 2014MonEPF
17 Feb, 2013Sun6.15%201218 Feb, 2013MonEPF
19 Feb, 2012Sun6.00%201120 Feb, 2012MonEPF
20 Feb, 2011Sun5.80%201021 Feb, 2011MonEPF
05 Mar, 2010Fri5.65%200908 Mar, 2010MonEPF
16 Mar, 2009Mon4.50%200823 Mar, 2009MonEPF
30 Jan, 2008Wed5.80%200701 Mar, 2008SatEPF
05 Feb, 2007Mon5.10%2006end Feb, 2007---EPF
23 Feb, 2006Thu5.00%2005------EPF
17 Feb, 2005Thu4.75%2004------EPF
20 Feb, 2004Fri4.50%2003------EPF
18 Apr, 2003Fri4.25%2002------limkitsiang.com

This post has been edited by cybpsych: Feb 16 2014, 11:40 AM
cybpsych
post Feb 15 2014, 11:59 AM

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QUOTE(plumberly @ Feb 15 2014, 11:54 AM)
Wah, I am impressed. You really are very resourceful and knowledgeable on EPF dividends!

Cheerio.
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errrr i'm not, actually sweat.gif never bother much about epf dividend (cant manipulate it; up to EPF's "mercy"). just hope to get high dividend like everyone else tongue.gif

i just dug out numbers and table it out for easier comparison biggrin.gif

announcement could be 16 Feb or 23 Feb, if they "stick" to their historical schedule LOL! better early than late. since wil-i-am observed iAkaun is under maintenance mode, 16 Feb annoucement may seem very likely.
cybpsych
post Feb 16 2014, 07:09 AM

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all right peeps, official 2013 dividend is 6.35%!! checked via i-Akaun! rclxms.gif

user posted image

final table as below:

Announcement DateDayDividendYearCredit DateDaySource
16 Feb, 2014Sun6.35%201317 Feb, 2014MonEPF
17 Feb, 2013Sun6.15%201218 Feb, 2013MonEPF
19 Feb, 2012Sun6.00%201120 Feb, 2012MonEPF
20 Feb, 2011Sun5.80%201021 Feb, 2011MonEPF
05 Mar, 2010Fri5.65%200908 Mar, 2010MonEPF
16 Mar, 2009Mon4.50%200823 Mar, 2009MonEPF
30 Jan, 2008Wed5.80%200701 Mar, 2008SatEPF
05 Feb, 2007Mon5.10%2006end Feb, 2007---EPF
23 Feb, 2006Thu5.00%2005------EPF
17 Feb, 2005Thu4.75%2004------EPF
20 Feb, 2004Fri4.50%2003------EPF
18 Apr, 2003Fri4.25%2002------limkitsiang.com

This post has been edited by cybpsych: Feb 16 2014, 11:39 AM
cybpsych
post Feb 16 2014, 08:14 AM

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QUOTE(titanic_crash @ Feb 16 2014, 07:41 AM)
already check the i-account...and its 6.35%...but, when EPF declare this?
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official statement by EPF probably today. so far EPF website havent posted it, yet.

for me, dont care! LOL dividend is in my statement account tongue.gif

keep your eyes peeled in today's online mainstream papers, e.g. TheSunDaily, TheStar, etc. cuz EPF released the same statement to them as well.
cybpsych
post Feb 16 2014, 09:53 AM

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no idea about the calculation.

how about last year's dividend for 2012? actual vs declared % is different?
cybpsych
post Feb 16 2014, 11:38 AM

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official statement out!

http://goo.gl/ncleyi | http://www.kwsp.gov.my/portal/en/news-listing-page



This post has been edited by cybpsych: Feb 16 2014, 12:14 PM
cybpsych
post Feb 16 2014, 11:38 AM

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-double post-

This post has been edited by cybpsych: Feb 16 2014, 11:42 AM
cybpsych
post Feb 17 2014, 09:48 AM

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QUOTE(dorothy2010 @ Feb 17 2014, 09:15 AM)
YEAH 6.35% but I just started work, no much effect on my figure! Hiazzz
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nvm, jsut treat EPF as your veryyyyyyyy long-term saving account.

as their motto goes, savings for your golden age! tongue.gif

there are many types of withdrawal, once you've accumulated afters years in working.

http://www.kwsp.gov.my/portal/ms/web/kwsp/...-of-withdrawals
cybpsych
post Feb 22 2014, 05:43 PM

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QUOTE(cute_miao @ Feb 20 2014, 08:47 AM)
my previous employer, PRESIDENT COLLEGE (sohel college), pays me till August 2013 oni. (i resigned december 2013). till now i check, still august 2013.

many of the ex staff called epf centre.

officers asked no majikan, and when we mentioned the name, president college, they will say, oo..tu lagi.

officers asked us to walk in, but how to walk in when all of us have job now, and hte damn college is being PROTECTED by Tengku Adnan Mansur brother......Redzuan Mansur. <- this fellor wite is a minister in KPT. damn...
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publicize the damn college here

https://twitter.com/KWSPBuzz
https://www.facebook.com/pages/Kumpulan-Wan...ja/285352233398

good to post in fb, share it with as many ppl as you can.

these ppl are not above the law, epf can take action wan.
cybpsych
post Apr 3 2014, 05:03 PM

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EPF Goes Mobile With i-Akaun

https://play.google.com/store/apps/details?id=com.epf.main

QUOTE
Sauce: EPF

The Employees Provident Fund (EPF) today launched its first mobile application, called ‘EPF i-Akaun’. Members can now access their EPF savings from the palm of their hands.

The in-house developed mobile app is available for smartphones and tablets with Android version 2.2 and above. It can be downloaded for free from Google Play Store.

cybpsych
post Apr 10 2014, 06:50 PM

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user posted image

http://www.kwsp.gov.my/portal/en/web/kwsp/annual-report-2013

This post has been edited by cybpsych: Apr 11 2014, 06:29 AM
cybpsych
post Sep 22 2014, 09:07 AM

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260,000 EPF accounts earn zero dividends
The EPF has since 2008 stopped paying dividends to account holders once they turn 75

http://www.thesundaily.my/news/1175991

KUALA LUMPUR: Several million ringgit in the Employees Provident Fund (EPF) accounts of some 260,000 contributors aged above 75, have been earning zero dividends.

Whether it is known to them or not, the EPF has since 2008 stopped paying dividends to account holders once they turn 75.

EPF corporate affairs unit head Nik Affendi Jaafar, who confirmed the existence of the policy, said despite this, some 260,000 members have retained their money in the fund.
cybpsych
post Sep 22 2014, 08:48 PM

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QUOTE(cybpsych @ Sep 22 2014, 09:07 AM)
260,000 EPF accounts earn zero dividends
The EPF has since 2008 stopped paying dividends to account holders once they turn 75

http://www.thesundaily.my/news/1175991

KUALA LUMPUR: Several million ringgit in the Employees Provident Fund (EPF) accounts of some 260,000 contributors aged above 75, have been earning zero dividends.

Whether it is known to them or not, the EPF has since 2008 stopped paying dividends to account holders once they turn 75.

EPF corporate affairs unit head Nik Affendi Jaafar, who confirmed the existence of the policy, said despite this, some 260,000 members have retained their money in the fund.
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cant even get their facts straight vmad.gif mad.gif

QUOTE
EPF's Response To The News Report Published in The Sun, 22/9/2014

The Employees Provident Fund (EPF) refers to a news report published in The Sun today regarding EPF members not receiving any dividends after age 75.
 
The EPF would like to clarify that all members who have savings with the fund, including those aged 75 and above, have always been receiving their annual due dividends.
 
The policy as approved in 2008 has not been implemented other than to encourage members to be aware of the risk of their funds being transferred to unclaimed moneys if they are not utilized. In this respect, the EPF is no different from financial institutions such as banks, who have similar policies.
 
The EPF is cognizant of the potential misinterpretation and is in the final stages to amend the EPF Act 1991 to ensure members receive a steady stream of income from their savings even after they retire.
 
Issued by
 
Corporate Affairs Department
Employees Provident Fund
 
Date: 22 September 2014

http://www.kwsp.gov.my/portal/en/news-list...primaryKey=8002

cybpsych
post Jan 8 2015, 08:53 AM

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QUOTE(kochin @ Jan 8 2015, 08:21 AM)
lai lai lai.... prediction time again.
how many % for 2014?
when will it be announced?
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sometime mid-Feb 2015.

Announcement DateDayDividendYearCredit DateDaySource
16 Feb, 2014Sun6.35%201317 Feb, 2014MonEPF
17 Feb, 2013Sun6.15%201218 Feb, 2013MonEPF
19 Feb, 2012Sun6.00%201120 Feb, 2012MonEPF
20 Feb, 2011Sun5.80%201021 Feb, 2011MonEPF
05 Mar, 2010Fri5.65%200908 Mar, 2010MonEPF
16 Mar, 2009Mon4.50%200823 Mar, 2009MonEPF
30 Jan, 2008Wed5.80%200701 Mar, 2008SatEPF
05 Feb, 2007Mon5.10%2006end Feb, 2007---EPF
23 Feb, 2006Thu5.00%2005------EPF
17 Feb, 2005Thu4.75%2004------EPF
20 Feb, 2004Fri4.50%2003------EPF
18 Apr, 2003Fri4.25%2002------limkitsiang.com
cybpsych
post Feb 7 2015, 08:49 PM

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Announcement DateDayDividendYearCredit DateDaySource
07 Feb, 2015Sat6.75%201407 Feb, 2015SatEPF
16 Feb, 2014Sun6.35%201317 Feb, 2014MonEPF
17 Feb, 2013Sun6.15%201218 Feb, 2013MonEPF
19 Feb, 2012Sun6.00%201120 Feb, 2012MonEPF
20 Feb, 2011Sun5.80%201021 Feb, 2011MonEPF
05 Mar, 2010Fri5.65%200908 Mar, 2010MonEPF
16 Mar, 2009Mon4.50%200823 Mar, 2009MonEPF
30 Jan, 2008Wed5.80%200701 Mar, 2008SatEPF
05 Feb, 2007Mon5.10%2006end Feb, 2007---EPF
23 Feb, 2006Thu5.00%2005------EPF
17 Feb, 2005Thu4.75%2004------EPF
20 Feb, 2004Fri4.50%2003------EPF
18 Apr, 2003Fri4.25%2002------limkitsiang.com

This post has been edited by cybpsych: Feb 7 2015, 08:49 PM
cybpsych
post Oct 21 2015, 08:12 AM

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QUOTE(Ramjade @ Oct 21 2015, 08:05 AM)
So 2.5% is the minimum? Before this how much was the minimum?
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iinm, there was none. they always declare based on performance.

this amendment will introduce 2nd dividend rate, not replace existing one.
cybpsych
post Oct 21 2015, 08:14 AM

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QUOTE(cybpsych @ Feb 7 2015, 08:49 PM)
.
Announcement DateDayDividendYearCredit DateDaySource
07 Feb, 2015Sat6.75%201407 Feb, 2015SatEPF
16 Feb, 2014Sun6.35%201317 Feb, 2014MonEPF
17 Feb, 2013Sun6.15%201218 Feb, 2013MonEPF
19 Feb, 2012Sun6.00%201120 Feb, 2012MonEPF
20 Feb, 2011Sun5.80%201021 Feb, 2011MonEPF
05 Mar, 2010Fri5.65%200908 Mar, 2010MonEPF
16 Mar, 2009Mon4.50%200823 Mar, 2009MonEPF
30 Jan, 2008Wed5.80%200701 Mar, 2008SatEPF
05 Feb, 2007Mon5.10%2006end Feb, 2007---EPF
23 Feb, 2006Thu5.00%2005------EPF
17 Feb, 2005Thu4.75%2004------EPF
20 Feb, 2004Fri4.50%2003------EPF
18 Apr, 2003Fri4.25%2002------limkitsiang.com
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QUOTE(Ramjade @ Oct 21 2015, 08:05 AM)
So 2.5% is the minimum? Before this how much was the minimum?
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iinm, there was none. they always declare based on performance.

this amendment will introduce 2nd dividend rate, not replace existing one.

This post has been edited by cybpsych: Oct 21 2015, 08:14 AM
cybpsych
post Oct 21 2015, 08:34 AM

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QUOTE(Ramjade @ Oct 21 2015, 08:26 AM)
What does is the meaning of this 2nd dividend rate? Original + min 2.5% extra?
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read back the news link that u quoted. the min 2.5% is for kwsp-i.

however, I'm not entirely sure how it works either. wait for more details and explanation from industry experts. biggrin.gif

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