Housewives, single mothers, widows, and head of households (married men) whose profiles are listed under the National Database on Poverty (eKasih) can begin registering for the Employee Provident Fund (EPF) today, 15 August
Those qualified will be required to contribute a minimum of RM5 on a monthly basis into their retirement savings accounts
In return, they will receive a government incentive of RM40 per month, which will be deposited into their EPF accounts.
Some of the other benefits they will be able to enjoy as EPF members are:
- Annual dividends on their retirement savings,
- Age 50, 55, and 60 Withdrawal,
- Incapacitation Benefit,
- and the Death Benefit.
The new policy is in line with one of Pakatan Harapan's manifesto pledges to introduce an Employees Provident Fund's (EPF) scheme for housewives
"The registration drive of i-Suri follows the launch of the Suri Housewives Incentive by Deputy Prime Minister and Minister of Women, Family and Community Development Datuk Seri Dr Wan Azizah Wan Ismail last week at the EPF International Social Security Conference 2018," EPF Deputy Chief Executive Officer (Operations) Mohd Naim Daruwish was quoted as saying by MalaysiaKini.
Statistics from eKasih reveal that there are a total of 221,890 housewives, 98,536 widows, and 28,116 divorcees who will be eligible to sign up for i-Suri
For more information on eKasih, you can contact the Malaysian Government Call Centre (MGCC) at 03-8000 8000.
To know more about EPF products and services, you can call the EPF Contact Management Centre (CMC) at 03-8922 6000, refer to the EPF website, or visit any EPF branches nationwide.
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