EPF SELF-CONTRIBUTION
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 Feb 19 2019, 01:06 AM
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#1
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Senior Member
1,985 posts Joined: Jun 2010 
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QUOTE(Zackwong6167 @ Feb 19 2019, 12:05 AM) I worked full time in MnC company. Is it possible to self contribute to EPF as well? If your employer is already contributing to EPF, then no. Self-contribution is mostly for business owners or those who are self-employed. Not sure what would happen if you self-contribute. Maybe the system would automatically reject the contribution. Or maybe they would call you to refund the contribution. |
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Feb 19 2019, 03:37 AM
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#2
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Senior Member
1,985 posts Joined: Jun 2010
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QUOTE(thesoothsayer @ Feb 19 2019, 03:07 AM) Can self contribute as top up but the total from your deductions and top up is up to 60k annually. From their website, EPF said there are only 3 classes of people that are allowed to do self-contribution:http://www.kwsp.gov.my/portal/en/member/me...lf-contribution Like I have said earlier, I have no idea what would happen if a person who is not in those 3 classes made some self-contributions. |
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Feb 20 2019, 02:28 AM
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#3
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Senior Member
1,985 posts Joined: Jun 2010
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QUOTE(thesoothsayer @ Feb 19 2019, 05:23 AM) The act itself says you can give notice to do a higher monthly deduction for EPF. I thought the notice in Form 17A is to increase from 8% to 11%, i.e. 3% higher.http://www.kwsp.gov.my/portal/en/web/kwsp/...epf-act-reports Not sure if can choose to go higher than 3% or not. |
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