Is it possible for a Company to issue a Cheque (to EPF) for an Employee's "Self-Contribution"?

If yes, who is the Cheque Addressed to - to EPF or to the Employee?

-Double Posted-

This post has been edited by GravityFi3ld: Nov 1 2021, 01:50 PM

so, out of curiosity - what happens when we exceed 100 year old age?

Quick one,

Does the maximum self-contribution amount of RM100K start this year(YA22) or does it only begin in YA23 since it's a budget 2023 thing?

Govt raises voluntary EPF contribution cap to RM100,000 in Budget 2023 (via The Edge Markets)
From that posts, it says :

1) The government has raised the cap for voluntary retirement contribution for Employees Provident Fund (EPF) contributors to RM100,000
2) The second para, "The proposal comes as EPF also reported ....."

So has it been raised? or is it just a proposal ?

Yeap, in short - we can self-contribute up to RM100K this year? Cause EPF site still shows the max cap at 60K

hey there!
from what I understand the regular EPF contribution 11% + 13% -
So if i earn 2,000 wage, my cut of EPF is 220 and company will bear 260, net 480 into my epf.

What does it mean by "EPF Borne By Employer", does the company bear the full 480 for me? and on my end i don't need to cut the 220 from my wage?

neat! thank you for explaining, appreciate it

oh man, my math is not mathing Are the $242 (11%) and $286 (13%) derived from 2,200(or 2,220?), which in turn is derived from the base wage 2,000 + 220?

but generally get the gist of it tho, thanks again

so its a rounded-up figure then, got it - thanks all