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.
also to "sweeten" Kajang folks with the upcoming bi-election
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.
the timing is interesting, chances are EPF could be announcing tomorrow (recent historical trend to announce on Sunday, credit on Monday)
here's a comparison table of announcement date/day vs credit date/day
Wah, I am impressed. You really are very resourceful and knowledgeable on EPF dividends!
Cheerio.
errrr i'm not, actually never bother much about epf dividend (cant manipulate it; up to EPF's "mercy"). just hope to get high dividend like everyone else
i just dug out numbers and table it out for easier comparison
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.
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...
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.
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.
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.
cant even get their facts straight
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