How long will dividend be paid following the death of a member? My dad passed away a couple of years back and dividends have been paid so far every year. The last time I visited a branch, the staff there told me that dividend will be paid until a nominee initiates the withdrawal process by submitting the death cert etc, otherwise it will be paid until the member age reaches 100 years old.

KWSP website also lists the below


https://www.kwsp.gov.my/-/epf-no-change-to-...e-60-withdrawal

I have some concerns that I just thought about recently.

1. Will JPN one day notify KWSP that my dad is already deceased and thus KWSP will stop dividend payments to his account?

2. If the above never happens, KWSP notes that dividend will continue to be paid until the member reaches 100 years old before it is transferred to the Registrar of Unclaimed Money but some websites pointed me to the UNCLAIMED MONEYS ACT 1965 where an account which has been dormant for 7 years can be transferred to the Registrar of Unclaimed Money at any time. Which one is applicable in this case or do I need to add payment to my dad's account to keep it active?

Appreciate if anyone has some experience on this. My family feel that it is a waste to withdraw the money and to stop benefiting from the dividend payments.

Quite a sum since my dad have never used his EPF money for anything before even for the house. It'll take years from my entire family contributing 60k to finish it Even if we put the balance in FD in the mean time will probably earn less, so we want to maximize what we can from the EPF.

No longer eligible for the death benefit as at the last time I visited the branch.

Well, guess I have to see if anyone has experienced something similar. The few times I have made inquiries, none of the staff have mentioned this though. Each staff said that the money can be kept till 100 years until death cert is submitted.

Been a few years. Nothing I can do at this point if kena already anyway haha. I'll try to keep in mind the next time I drop by or when I can finally get through their hotline.

https://www.kwsp.gov.my/member/nomination

Their page and information listed a bit confusing though.

Then in the same page, just a few paragraphs below it says this.



Seems like won't affect the money in the account. Just some more hassle when trying to withdraw. Glanced through the withdrawal without nomination, seems like we have all the required documents to do so. Anyway, just wondering about the status of the dividend payments. I'll worry about the withdrawal another day .

The original question, the dividend payments, and whether the account will be listed as dormant account and transferred to Registrar of Unclaimed Money. Another user brought up death benefit which I answered that we are no longer eligible for.