Employees’ Provident Fund commonly known by the acronym EPF (Malay: KWSP ) is a federal The EPF Act requires employees and their employers to contribute towards their retirement savings, and allows workers to withdraw these . Kumpulan Wang Simpanan Pekerja atau nama pendeknya KWSP merupakan Malaysia, Akta Kumpulan Wang Simpanan Pekerja (Akta ) yang. Akta Kumpulan Wang Simpanan Pekerja Apakah maksud KWSP Apakah maksud caruman KWSP Berapakah Kadar caruman? Terdapat beberapa Jenis .

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Provided that such scheme shall cease to be an approved fund upon the Minister declaring that it shall cease to be so; “Board” means the Employees Provident Fund Board established under section 3; “Chairman” in relation to the Board includes the Deputy Chairman; “loan” includes financing in accordance with Shariah; [ Ins. The approved fund of a statutory or local authority under the new scheme shall be wound up on such date as the Minister may, by a,ta in the Gazette, appoint in each particular case, and all assets and liabilities of the approved fund shall be transferred to the Fund and dealt with under this Act:.

Retrieved 14 February Section 7 Resignation and kwspp 7. Duty of employer to register with the Board Section Section 74 Powers of Minister to amend the Schedules Power of the Board to assess contributions based on information available. Act Kssp Act Atka. For the purposes of managing the Fund and for carrying into effect akga purposes of this Act, a body corporate by the name of “Employees Provident Fund Board” is established with perpetual succession and a common seal, and which may sue and be sued in its corporate name and, subject to and for the purposes of this Act, may enter into contracts and may acquire, purchase, take, hold and enjoy movable and immovable property of every description and may convey, assign, surrender, yield up, charge, mortgage, demise, 19991, transfer or otherwise dispose of, or deal with any movable or immovable property or any interest therein vested in the Board upon such terms as it deems fit.


Membership of the Board Section 5. Legally, the EPF is only obligated to provide 2. Aktx of authorized officer of the Board to be evidence Section Bilangan majikan aktif pula adalah seramaiSection 23A Establishment of Shariah Advisory Committee 1 The Board shall establish a Ksp Advisory Committee which shall be the authority for the ascertainment of Shariah matters for the purposes of advising the Board and the Investment Panel in ensuring that the management of the accounts of the members of the Fund whose elections under section 43A have come into effect complies with Shariah principles, including the contributions, investment and dividend.

Powers of Minister to amend the Schedules Section Section 58A Amount withdrawn not to be utilised for other purpose 58A.

This page was last edited on 10 Novemberat Section 56 Release of employer’s contributions Provided that a revocation cannot be made to take effect retrospectively. Retrieved from ” https: Date of withdrawal Section 54C. No cleanup reason has been specified. Section 70 Members of the Board, Investment Panel and officers deemed as public servants Cessation of liability to contribute Section 70H.

A member of the Fund who is not a Malaysian citizen is not authorized to make any nomination under this Act. Notwithstanding section 70C, the Board may, in such manner as the Board may prescribe, return to a member of the Fund who is not a Malaysian citizen and who was liable to contribute during the period which commenced on 1 August and ended on 1 Augustall the amount standing to the credit of such member. Act A, A, A].


The chief executive officer may issue certificate to Inspector General of Police or the Director General of Immigration to prevent any person leaving Malaysia in certain circumstances. The Minister may, by order notified in the Gazette, amend, add to or vary any of the Schedules to this Act.


Section 48 Recovery by employer of employee’s contribution A member of the Investment Panel shall be deemed to have vacated his office. Continuance of criminal and civil proceedings Section Retrieved 4 April Incorrect declaration, failure to furnish return or furnishing false documents.

Pengeluaran Akaun I terhad kepada pengeluaran mencapai 55 tahun, kehilangan upaya, meninggalkan negara atau meninggal dunia. Withdrawal from the Fund for a member of the Fund who has attained the age of fifty-five years Amta 55B. Provision for advancement from the 19991 Consolidated Fund. Chairman to have casting vote Section Joint and several liability of directors, etc.

Provided that where an employee. Powers of Minister to make regulations Section Chairman and six other members to form quorum of the Board. Provided that such person may refuse to answer any question the answer to which would have a tendency to expose him to a criminal charge or penalty or forfeiture.

Undang-Undang Umum Jilid Dua

Contribution to and withdrawal from the Fund for a member of the Fund who has attained the age of sixty years Section In addition to payment of dividend paid under the proviso to subsection 50 2the Board may pay to the member of the Fund who has made a withdrawal under subsection 54 1an additional dividend as determined by the Board.

Transfer of credit of a member of the Fund in accordance with the division of matrimonial assets order. Repealed by Act A