oh thats very transparent and clear...
easy to understand and good for tracking purposes...
feeling more secure and reliable...
thanks so much for the info...

Starting 10 Dec 2022, the EPF service will be permanently moved from the Classic site to the current Maybank2u web, for your enhanced online banking experience.

Hi. I used to contribute under the i-saraan scheme but when I login to i-Akaun today for a year-end checkup, I saw the i-saraan registration tab in the homepage which was absent in previous logins.



Does that mean my i-saraan membership has "expired" and I need to reregister?

Thanks for info.

Same here. If i recall the program by right is supposed to last until this year. Probably need to wait to confirm if there's continuation of the progtam based on budget 2023 announcement

I used to contribute rm1k per month voluntarily. But recently has stopped doing so. This year looking for better options besides epf. After bitcoin Ethereum dunno where or what better to invest in. FD interest is too low & slow.

Nothing beats epf asb and tabung haji.

Repost above to see any other comments.

Agree. But epf needs old age only can take out. Prefer something like bitcoin can sell on the spot. Profit $$$$$ instantly

Look at ASB returns getting leser and lesser.. I also don't know if they're doing real investment or what..

No tier dividend, it's unnatural and a form of wealth transfer from rich in savings to the poor in savings.

The same amount of money is put to the same risk in Investment doesn't matter from whomever.

Person A = 10,000 savings
Person B = 100,000 savings

Total 110,000 used by EPF to invest. Let say a gain of 10% from investment 11,000

Naturally Person A should get RM1,000 and Person B get RM10,000

With tiered, Person A will get RM1,200, while Person B get RM9,800, a bonus RM200 from Person B to Person A

This is totally unfair as both share the same risk during investment done by EPF.

Local stock market saturated with ASB, EPF etc fund...cannot absorb more growth and KLSE stagnant around 1500 pts

It will reduce to mean/average as lack growth or new stock allocation. Payout from normal dividend operation, bond or further debt instrument interest.

ASB going out from KLSE to US, London, Shanghai etc stock exchange is like entering wolf's den, no special bumi privilegdes buyer first stocks allocation. If the ASB team are competent, they gain more playing the market outside, if not, will get burned.

Look at Tabung Haji got burned and has to be rescued by gov topping in the fund. Where those money come from? how it segregate bumi or non bumi revenue used to rescue Tabung Haji? It's a mystery.

Well said 👍

Last time they were so aggressive setting up booths and want everyone to get loan to earn more in asb

Not sure how things turn out now

Tabung haji got burned by investment or something else?

is that how tier-dividend plan to work like that?

Imagine if 0-10000, you get 12% dividend.
From 10001-100000, you get 9.55566% dividend.

So if you put 10000, you get 1200.
If you put 100000, you get 1200+ 8600 = 9800.0

67,919 EPF millionaires and RM1.709mil average per saving of an EPF millionaire in 2020... If anything more than RM1mil only get say 3.5%, then I think prepare for a mass withdrawal of 67919 x RM0.709mil = RM48bil , But that's only 2020 data .. try 2022 end data, maybe 55bil out..

Honestly, just wondering, for those retired civil service with say RMM4166 and a move per month, will they get reduction in their entitlement? RM1mil in EPF with 5% pa divided will get you RM4166 per month divided to Sara Hidup after retirement. Previous, only two choice, EPF or pencen, so those opt for EPF will try best to save as much...

Anyone has data on pencen citizen that having above RM4166 and how many are these pensioner?

This Tier discussion is just full of shit from whose that envy those that eat bread to safe enough for future financial stability just like those getting pencen ...

You have exceeded your balance for voluntary contribution.

Above is the message that appears when i try adding voluntary contribution through i-akaun.

I'm very sure the total amount have not exceeded 60k after ive made some transfers since 1st Jan

When you do voluntary contribution, they'll state there how much more left you can contribute..

Everything should tally

EPF still among the best. Else buy bonds.

Interesting. Bonds. Never tried that before. Can we use apps to buy like buying bitcoin & Ethereum?