Recently, EPF declares the dividend payout of 5.8% for the year 2010. Compare to year 2009(5.65%), it is an increase of 0.15% in dividend payout. Thus, the returns for the year 2010 is in fact slightly better than 2009. The increase still acceptable as year 2010 economy was strong in the first and second quarter and economy crisis turn down a bit start from the mid of the year.
I believe that most of the account holder will feel very happy with 5.8% EPF dividend payout for the year of 2010, as it is higher than parking your money in fixed deposit. But, do you know what’s the average dividend rate of EPF is over the period of year before retirement? It is better you do the math to calculate your future EPF funding projection so that it will be easy for you to decide how you can utilize your EPF account smartly.
Do You Feel Satisfied with EPF Dividend Rate for 2010?
Honestly, I am not so impressed with the return that EPF is giving our citizens. With the strong economic recovery and big foreign fund support last year, I think our government should declare higher rate to all Malaysians. If compare to year 2009 with negative growth rate of -1.7%, EPF still manage to pay 5.65% and it really does not make any sense with just 0.15% increase only.
Sorry if I am too oppositional but I just to share my logic upon this matter. What do you think? Do you feel satisfied with the return declared by EPF or we should be getting more than this rate?