As the title... what's your opinion

Singapore collects it from foreign workers too.

lock their wealth in malaysia. /heh/

when they leave just cabut keluar. simple jer.

siapa suruh so many ppl withdraw. now need to cover lubang

Must gip good life to palestinians too right??

Yes. Pmx kan bapa palestine. This is Malaysia wey. Sappork hamas. Deal with it okay?

Give the foreigner the EPF dividend 0.5% per year

Wise decision 💯💯

Good what!

More money for gomen.

If these people kept sending money back, now is time to keep some here. If they retire and no longer wants to work, then can withdraw and balik for good.

If suddenly croak and no takers, gomen untung lor.

i think for expat these are less of their concerns but the mid level expat they want to enroll their childrens to public school and public hospital too.

at the same time if they also entitled for EPF, means cost of employment for them getting higher now as employer have to bear for their portion too?

only for PR

not EP and below

1 of the most Stupid thread in 2024.



EPF = forced Tax.
If you think EPF is your money, you are still deep sleep.

RM10000 today = Shit in 30 years later.
Just like how RM1000 you go back 30 years ago, you can do so much more.

EPF is just another kind of Tax. or Forced Loan

This is a win-win solution for all. The losers here are actually Chinamen companies that are a bigger traitors to the country's economy.

1. More money for EPF. After several withdrawals EPF needs to replenish from the time being and considering that there are at least 3 mil foreigners, it's basically a large pool of money EPF can tap to.
2. Our ringgit becomes stronger. No joke, but banglas earning 4-5k a month from overtime/under the table money and remittance to their own country means that our ringgit is weakening as there are more outflows than inflows. By ensuring that EPF is mandatory, a decent sum of money shall be kept within the country instead of flying off to another country.
3. Less low skill foreign worker. The EPF alone made sure that it's cheaper to hire locals than foreigners and its more harder to run than LHDN. It means it is far harder to pay in cash unless you're an illegal worker.

Here got many chinaman companies owner, that's why all comment is negative.

can use the money for investment instead of 100% RM outflow

Type M boleh pilih masuk zakat or kwsp kan?

Ada masuk ke tak, itu lain cerita.

Wise move

haaa jgn tanya

good la, for foreign spouses who are working.

yes