1.Registration
- Employers must register their organization and employees with EPF within 7 days after employment begins.
- Employers must register new employees as EPF members and keep their information updated.
- Employers are required to issue monthly pay slips showing EPF deductions and the employee’s salary.
- Employers must deduct the employee’s and employer’s EPF contributions from salaries and submit the total amount to EPF by the 15th of the following month.
2. Mandatory Contributions
- Contributions are shared between the employer and employee.
- The percentage varies based on the employee’s age and monthly salary:
> Employees under 60:
- Salary ≤ RM5,000: 13% employer contribution.
- Salary > RM5,000: 12% employer contribution.
> Employees 60 and above:
- Salary ≤ RM5,000: 4% employer contribution.
- Salary > RM5,000: 4% employer contribution.
- Employees also contribute based on statutory rates, deducted from their salary.
4. Payment Schedule
- Contributions must be paid by the 15th of the following wage month.
5. Record Keeping
- Employers should ensure all employee details match official records (e.g., NRIC) and submit contributions accurately.
- Contribution forms must accompany payments for proper crediting.
6. Payment Methods
- Payments can be made online through EPF’s i-Akaun, e-Caruman app, internet banking, or at bank agents and EPF counters.
For detailed instructions and compliance requirements, you can refer here.