Will it cause dividend to drop as epf need to withdraw from investment... so next year dividend worse than this year?

Yes

Of course

that's the intention

the news so far say dividend will be likely the same and account 3 will be given as a token if no withdrawal were made, guess we timeskip to 31 march 2025 to find out

They know that the majority don't even care what's happening in their accounts, and with this, they know the can save a lot of money from dividend payouts for the newly created 10% allocation. Most won't even trouble themselves to transfer to Acc 1/2.

If account 3 really starts from zero, then should have no effect as EPF need not divest its current investment.

But for future, since less money going into active investment, may slightly limit EPF overall fund to seek profit but effect won’t be big.

What I worry is if they shift some profit from account 1&2 into account 3 to boost its return to please some ppl.

The people will not look in that way ... So does the policymakers

What they will be looking is the level of savings in the epf by race group and that's the insights they can draw in running the epf

They won’t do it for the first year, but next year EPF will

not really la. u think they have not made any calculation before implementing that? u think ppl dont withdraw money all this while under the pretext to offset the loan but actually use the money to go holiday or buying expensive toys?

Will the increase in Account 1 percentage offset the lesser money going to active investment? No idea how EPF manages their portfolio but I assume Account 1 which is harder to withdraw gives EPF more leeway in investing compared to Account 2 and now Account 3.

looks like we have to wait until 1/5/2024 to see what happens…
seems like they forgot why EPF exists, to maximize contributors money..
hope they don’t go the banks way…where they forgot where the source of funding comes from and start charging expensive rates…

Yes

If all three accounts get same rate then for sure the entire dividend will be lowered

Duit kita tu.. masa depan belum tentu boleh hidup, takkan nak biar kita mati skrg

Meanwhile, politicians songlap also our country's money they still will stand to defend.

This post has been edited by Natsukashii: Apr 19 2024, 08:51 AM

Majority of people utilizing account 3 will be B40 and M40. As you can see the chart the T20 is holding 82% of the EPF money, and these group are the least likely to withdraw.

Furthermore Account 1 allocation has increase from 70% to 75% of contribution. So increase of 5% from account 1 gives epf more long term secure cash to cover the unpredictability of the account 3 which is most likely will be used by 18% of their total funds anyway.

Would it though? As i understand it investment is done with funds from account 1 which will get a higher allocation of ur deposit (75%) vs the current 70%

I'm not sure how much account 2 plays a part in the bloc of funds that EPF uses for investment so I may be wrong.

TIERED dividend je lah

Oh wai-

We can make assumptions all we want, but end of the day we really won’t know how they operate the whole fund, if and when politikus will interfere and derail their investment planning.

At the moment, we already seen EPf hijacked for populist move by politikus.

Acct 3 can swift to Acct 1 or Acct 2 i guess. if token, i might well take out and pump back into Acct1 or 2

er wtf average savings for m40 is 28k only dafuq

Then expect T20 with over a million will immediately withdrawn amounts over a million and take it out of the country.

can ignore the complex math

u just imagine whenever acc3 start ..kwsp every month will have potential up to 10% "monthly income" from contribution get withdraw by ppl

acc2 withdrawal u still need justification to do so


bumping up acc1 to 75% is just lower down acc2 amount on 1 shot withdrawal

This post has been edited by fantasy1989: Apr 19 2024, 09:07 AM

yes we know , but as u know that malaysia is just signapore kiasi kiasu level , if epf can explain those mechanism by end of april to ease ppl concern, if not it will keep questioning them until world war 3

logically if the account 3 is like casa, you cannot use it for medium and high risk investment, so the dividend for this account should be lower.

If it's coming from new contribution, my short answer will be not be affected.

The reason is that any withdrawal will not be coming from existing investment where it will affect the return (EPF need to sell to fund the withdrawal).

Heard that we can transfer 1/3 from account 2 to account 3??

It means EPF is not all in hard cash eh? maybe they kept 10% cash only

oh waii

acc 3 only will start from new contribution or existing acc 1/2 also will split into acc 3?

EPF's official has been confirm no impact of dividend performance.

EPF dividend go down will be because of MOF/BNM asking EPF to bring back high returns and high yielding foreign investments back to Malaysia to support Ringgit.

Over past 10 years, the biggest returns for EPF came from foreign investments

What else you expect them to say?

technically, should start from 1/5/2024 because it’s announced on this date…
unless la, need to further study, as it seems to be prevalent nowadays..

50% of the total members are inactive. This unfortunately distort the data a lot.

Those that need the money won't have much in EPF.

Those that have, won't bother.

You can already see what happened from the last 3 withdrawals. That's the biggest damage already done.

Dividend will up. As Account 1 will be 75% increase from 70%.

Thanks to the majority.








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