EPF Dividend Rate Drop To 4.5%
Employees Provident Fund (EPF) is going to declare only 4.5% dividends for the year of 2008.
I’m quite certain this will raise the dissatisfaction among working Malaysians who work hard for an honest living and will depend on the EPF after they retire from active work.
This is the clear fact that WE ARE IN AN ECONOMIC CRISIS?
However, if you look from different angle of views, this is the rate, which still put EPF at a high position globally when equity and trust funds are giving out insignificant returns on investments. For those who are in the banking sector, we all know that the bank fixed deposits is definitely not as much as EPF’s returns.
March 20th, 2009 at 6:47 pm
cham la, when i get 55s, my money over epf just peanut
March 26th, 2009 at 11:42 pm
This could be the best time for all EPF members to review the opportunities to withdraw from our EPF account #1 for investment in Public Mutual Funds. Do you agree?
March 27th, 2009 at 8:49 am
Hmmm!!! no choice also la … Although the rate is low.. but better then nothing..
June 30th, 2009 at 7:07 pm
friends..there is always a way to increase yr retirement fund, that is to start another private retirement plan with my company, you can start with minimum rm100 per month…and increase gradually(if u wish)…and will guarantee payout when u need the money for retirement…