M’sian Professor Suggests 15% Employee & 17% Employer Contribution For EPF Accounts

A Malaysian associate professor has proposed an increase in the Employees Provident Fund (EPF) contribution rates to strengthen retirement savings. According to Kosmo!, Dr. Abu Sofian Yaacob, Associate Professor and Deputy Director of Nourven Academy of Research, suggested that employee contributions should be raised from 13% to 15%, while employer contributions should increase from 15% … Continue reading M’sian Professor Suggests 15% Employee & 17% Employer Contribution For EPF Accounts