EPF Contribution Rate
The employees monthly statutory contribution rates will be reverted from current 8% to the original 11% for employees below age 60 and from 4% to 5.5% for those age 60 and above, effective January 2018 wage/salary.
(Noted that the employer and employee may choose to contribute more than the statutory rate by filling in Form KWSP 17 (Employer) / 17A (Member).)
For further information please click HERE
Posted Date: 22 Dec 2017