Among those who can contribute are part time workers and foreigners working in Malaysia.
PETALING JAYA: If you are an employee in the private sector, you are mandated to contribute to the EPF for your retirement, but do you even know what it is? SaveMoney.my’s guide explains everything to know about the EPF and what you can hope to expect upon retirement.
What is the Employees Provident Fund (EPF) (aka Kumpulan Wang Simpanan Pekerja (KWSP))?
The Employees Provident Fund Act 1991 (Act 452) provides retirement benefits for members of the EPF by managing their savings contributions.