Anyone receive the RM500 yet? I deposited end of June, but still nothing.

Also, anyone got news on how much tax relief this year for voluntary contribution? still RM7K or will increase thinking of deposit remainder end of this month.

Probably too much application to vett???

To make sure only those really qualify is given that rm500.....

From the looks of it... It's highly possible we could only get the $$$ end of November.... But I hoping by end of this October month 🙏

Both my kids deposited earlier than June 2025 haven’t gotten theirs yet.

The EPF matching contribution scheme (i-saraan) for voluntary contributions by gig workers and e-hailing workers has been increased to RM600 per year or RM6,000 for life.

The rate for informal workers (i-saraan) is maintained at RM500 per year and RM5,000 for life.

Anyone rcv isaraan rm500 this year ?

Deposited in June 2025

This year's i-Saraan RM500 has been credited into member's EPF account.

After the news of World Bank 70 years old recommendation, are you guys spooked out of doing out monthly self contribution?

lol... so now salahan siapa?

-- world bank?

-- misunderstanding by newspapers for not reading properly the report???

-- growing mismatch of concepts between what a retirement fund truly is and what a social pension support from the government means.
Thanks to certain groups constantly blurring the lines, even media outlets now equate EPF as if it’s a government pension scheme, when it’s not.

hahaha  

for sure retirement age will be changed to 65... and epf withdrawals changed to align with it...

these changes are inevitable as ppl live longer and longer...

so dun worry about retirement n withdrawal... go worry about earning more money...

Raise wages and cost of living will automatically increase also. It's not how much wages increase it's how much more you earn than the average man. Uneasy truth but that's the reality. No poor people means no rich people.

Can still do self contribution BUT the amounts is reduced.... Don't try to maximize the 100k limit....

Since gonna have 5bil ASM1 expected in Q1 2026... Can divert the $$$ there... 100% access guaranteed.... Not locked up till 55yo 😜

you dont know the difference between retirement fund and savings

retirement fund locked so that you wont finished it too early
and come begging for food when old no money

savings like your FD, gold vault, ASM
take out anytime you like
take all out anytime

How can gomen lock it?
on what justification?

yet you are the one making most complaints
or trying to scare others be careful their EPF money..

my epf is hardly 15% naturally  i wont complain

simply just based on hearsay
speculations
suggestion etc....what for ? wasting time right?

not that the Gomen will listen to you.

U got offspring is different story bruh, touch wood anything u can pass down your fund.

Those single retirees want to YOLO earlier

U take almost everything out for diversification now say ok with 75. Previously cry father cry mother when say RM1.3 million only can withdraw excess. Quite hypo...

Why allow some hearsay derail your plans?
If at this age, you are already having the ability to be within range of the million, don’t worry so much. If one has a million, it’s not a big deal if they increase the amount by a hundred k. Since the dividends can cover half of that. The other half will likely be covered by your ongoing contributions.
I don’t envisage them changing and increasing it every year. Once they get to 1.3mil, it will stop.
The essence of allowing withdrawals after a million is in line with substantial amount. It was then but not so much now. So the new level is 1.3mil. Should not be a problem for you to get there.

It was mentioned many times, any changes will only affect the new account holders which is basically 13 years old today.

If you look at the statistics published by EPF, you will realise the pareto principle applies. Changing the withdrawal age to 60 or 65 would have no material effect on the existing people.

EPF said it will review the ria framework every 3 years
Don't worry so much as 1M excess withdrawal was implemented back in 2007 and now 1.3M withdrawal will be effective in 2028 so it take at least 20 years for gov to move up 30%

Let us just assume 20 years move 30% also it won't matter much as after 20 years most of us here either up in heaven or at least 50 years of age...

2007 - 1.0M
2028 - 1.3M
2048 - 1.7M
2068 - 2.2M

This is base on every 20 year increase about 30% lo....

Not quite the 20/80 proportion but wanted to say the majority of the AUM is held by the few people.the op was worried the withdrawal threshold will keep shifting upwards. It will only affect a very small number of people since most are nowhere near even the 1mil. And those that are near that realm and and still young should not worry too. Since the dividends on a lofty amount will easily cover half of the increase. The other half can be fulfil by their own work contributions. Unless one intends to keep no more than 1 mil in EPF would be concerned.

I noted that RIA is ongoing, but do you see it increasing constantly at rm100k a year? If that is necessary because of inflation, we would be facing far more serious issues than what is allowed to be withdraw. Epf is basically meant for retirement and. Nothinh for most people.

What I mean like if you are contributing 100K, at what income level you only start to do so? Like maybe 500K range? Or only feel more comfortable at 1M range? Because meaning those self contributing also will not have issue no matter how many years EPF change the min balance threshold for withdrawal. Imagine 1M, you only need ~ 3 years to get another 1M, so the additional 100K-300K basically feels no impact.

If you got long way to go, better just buy QQQ etf now. Then when you are retired sell out of the QQQ and dump it into EPF. You got more to draw down then vs now putting into EPF