EPF New Contribution Rate For Employer’s Share

Please be informed that the new employer’s share contribution rate for employees with monthly wage/salary of RM5,000.00 and below will be effective from January 2012 wage/salary (February 2012 contribution) onwards. The two categories of employees affected with the change are as follows:

• Employees aged less than 55 years
  The new employer’s share contribution rate is 13% (increase of 1%); subject to the wage/salary in Part A, Third Schedule, EPF Act 1991.
  
  
• Employees aged 55 years and above, up to 75 years
  The new employer’s share contribution rate is 6.5% (increase of 0.5%); subject to the wage/salary in Part C, Third Schedule, EPF Act 1991.