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#Budget2023: Voluntary EPF Contribution Cap Increased To RM100,000
It's currently at RM60,000 a year.
By Sadho Ram — 07 Oct 2022, 05:07 PM
Cover image via
Malaysiakini
Voluntary Employees Provident Fund (EPF) contribution will be increased to RM100,000 a year, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz announced while tabling the #Budget2023
Tengku Zafrul said that the move is necessary to help Malaysians with their retirement savings.
It's currently at RM60,000 a year.
