Monday, December 1, 2008

EPF Form - Employees' Monthly Contribution Rate wef 01.01.2009

As announced by Deputy Prime Minister and Finance Minister YAB Datuk Seri Najib Tun Abdul Razak during the 2009 budget, the employee's monthly contribution rate for members of the Employees Provident Fund (EPF) will be reduced by 3%, from its statutory rate of 11% to 8%, effective from January 2009 wage for a period of 2 years.

>> Finally, we get the new form KWSP 17A(AHL) from goverment by today.

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