Datuk Seri Amir Hamzah Azizan said 288,000 formal active members of the EPF had also contributed above the statutory rate of 11 per cent.
: A total of one million Employees Provident Fund members have made voluntary contributions amounting to RM11.16 billion as of October 2024, according to the Ministry of Finance.
“Additionally, through the restructuring of EPF accounts, contributions to the Retirement Account have been increased to 75 per cent from 70 per cent previously. He said this in reply to Senator Robert Lau Hui Yew’s question on the government’s strategies to ensure that individuals have sufficient EPF savings for a comfortable life post-retirement.
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