Malaysia: Employers can submit employees’ application to maintain 11% EPF contribution

Although the 2021 budget has set the new statutory contribution rate to the Employees Provident Fund (EPF) at 9% of monthly wages (temporarily reduced by 2% from 11%), employees may still choose to maintain their statutory rate of contribution at 11% by submitting a Borang KWSP 17A (Khas 2021) form to their respective employers …

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