News about EPF

KUALA LUMPUR (Sept 13): The Employees Provident Fund (EPF) launched two new initiatives targeting employers, namely an exemption from late payment charges and the Employer Pay Reduction Initiative (e-PaR), to ease the management of their cash flow during the pandemic while simultaneously allowing them to undertake their statutory obligations.

KUALA LUMPUR (Sept 7): The Employees Provident Fund (EPF) has awarded a build and migrate-based data centre cabling project in Sungai Buloh, Selangor to Mesiniaga Bhd, according to the EPF’s latest tender results.

KUALA LUMPUR (Aug 12): The Government's Perkukuh Pelaburan Rakyat (Perkukuh) initiative to reform Government-Linked Investment Companies (GLICs) has been hailed by leading GLICs such as the Employees Provident Fund (EPF), Permodalan Nasional Bhd (PNB), Kumpulan Wang Persaraan (Diperbadankan) (KWAP) and Khazanah Nasional Bhd.

KUALA LUMPUR (July 11): The Employees Provident Fund (EPF) said members below 55 years old may apply for the i-Citra withdrawal starting Monday July 12, three days earlier than previously scheduled.

KUALA LUMPUR (June 8): The Employees Provident Fund (EPF) posted a gross investment income of RM19.

KUALA LUMPUR (April 30): The Employees Provident Fund's (EPF) wholly-owned subsidiary Kwasa Land Sdn Bhd has appointed Adenan Md Yusof as managing director (MD) effective Monday (May 3, 2021) to contribute towards the development of the EPF's estimated 920ha (about 2,300 acres) Kwasa Damansara township in Selangor.

KUALA LUMPUR (April 22): The Employees Provident Fund's wholly-owned Kwasa Land has inked an agreement with YTL Corp Bhd to develop a residential project in Kwasa Damansara with an estimated gross development value (GDV) of RM200 million.

KUALA LUMPUR (April 20): The Employees Provident Fund (EPF) has clarified that members will continue to earn dividends for the remaining portion of their EPF savings up to age 100.

KUALA LUMPUR (April 9): Kerjaya Prospek Group Bhd's 49%-owned associate Kerjaya Bina BMK Sdn Bhd has secured a RM153.

KUALA LUMPUR (Feb 27): Despite higher withdrawals amid the pandemic, the “market value” of the Employees Provident Fund (EPF)’s total investment assets hit RM1.