Good Morning All! Happy Friday! Self Contribution The EPF contribution is not limited to those required under the EPF Act 1991. Voluntary participation of those who are not covered under the EPF law is strongly encouraged. Furthermore, it is an advantage to have retirement savings. Persons who are allowed to make a self contribution under the EPF Act 1991 are as below: a. A domestic servant working in a residential home and employed by a private individual (owner of the residence). b. Owners of a sole proprietorship or business partners who do not receive wages, retired workers and those who not defined as employers or employees in the EPF Act 1991. c. Malaysian citizen employees who have withdrawn all of their savings under the Leaving the Country Withdrawal Scheme and have returned and working in Malaysia. The contribution payment can be made via Form KWSP 6A(1). You may visit this link kwsp.gov.my/portal/en/web/kwsp/member/member-responsibility/contribution/self-contribution for more details. Thank you. JSM
Posted on: Fri, 08 Aug 2014 00:38:30 +0000
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