SPM? i tot 2010 - 2024 = 14? unless my math is wrong la, i dont think SPM is taken 14 yo

Google versa ..download and their offer 4% annum for first rm30k saving

Lol... it is for example only. Think out of the box la.
Government actually set 2010 because the minimum age for employment at our country is 14 years old.


Some may also work during school holidays or on weekends on early age before SPM.
Or some business owner may put their children on employment at their own company to for some purposes, etc etc.


It depends on your perspectives and how you see it also.

So can withdraw or not? For year born 1989?😐

I don't want beg people to borrow 😐

This post has been edited by nicole_4ever: Mar 20 2024, 09:22 PM

There's onlyfans. You will never have to beg...

My both accounts got money.

So can withdraw or not? 😐

It's 2H April already. No announcement?

Main account return better.

Hehe that's what I thought. I was always told minimum age for epf was 14. So I googled last time

https://www.kwsp.gov.my/employer/introducti...or%20employment.

Does the EPF set a minimum age to contribute? There is no minimum age limit, every employee is liable to contribute. However, Act 350 - the Child And Young Persons (Employment) Act 1966 (Revised 1998) has set 14 years old as the minimum age for employment.

It probably stems from this I think.

In the 90s part timers who were 15 and 16 were common during school holidays but has been steadily replaced by permanent and foreign workers

i also would like to know, this account 3 has been talking for months.

My thought of Account 3 is same like ASB, Tabung Haji.

You put money inside, let it rot for a while. U get dividend every year, and u can withdraw anytime u want.

Just same concept like ASB and Tabung Haji

to the top topic once again

TLDR so far

-Account 3 = saving account, can withdraw anytime, might get token payment if no withdraw are made but lower than the dividend acct 1 and acct 2

-75% = acct 1 , 15% = acct 2 and 10% = acct 3

-the account 3 is optional so far.

-as 17/4/2024 ,it is unsure how the dividend will be calculated.