Posted by MuttsInvestor > 2022-05-09 16:42 | Report Abuse

EFP ...Only Invest in Equities, Funds, etc ? ... ZERO holdings in Govn Bonds and Treasuries ??? Telling .. " Half Truths " ... Donkey Stock !!! Even with Declining Birth Rates ... NOW HAPPENING to ALL COUNTRIES in the WORLD ( Except POOR nations ) ..... So what is it an ISSUE to Malaysia ONLY ? Imagine Thailand HAS NO "EPF"... Neither has Indonesia . This 2 nations combined population is 360 + 80 = 440 Million. Compared to Malaysia of 35 million only. Which country will have serious Hardship if Recession Hit World economy ?

Posted by DonkeyStock > 2022-05-09 18:32 | Report Abuse

Capital market includes both equity and bond market, in case you dont know what it means

Posted by subwayzzz > 2022-05-10 10:13 | Report Abuse

regret i didn't draw my part.
next year's dividend sure low while i have to contribute the portion which i would be getting to those who draw theirs.

Posted by ahbah > 2022-05-10 10:29 | Report Abuse

U get other div ? Where got such thing ?

Posted by positiontrader > 2022-05-10 15:27 | Report Abuse

Don't forget the huge foreign immigrant workers don't contribute to EPF. Big amount of money repatriate out of Malaysia every month by the foreign workers.
EPF experience CASH FLOW problem and could gets worse a few years down the road
:(

Posted by DonkeyStock > 2022-05-10 16:15 | Report Abuse

Maybe forcing foreign immigrant worker to contribute to a savings fund could works, thats really a huge leaking hole for Ringgit

Posted by nicholas99 > 2022-05-10 16:27 | Report Abuse

this hopeless country. everyone sure withdraw ma.

Posted by Tobby > 2022-05-10 18:03 | Report Abuse

I don't know why our government don't make it mandatory for foreign workers to contribute to EPF! It benefit us tremendously! This will stop outflow of foreign workers salary back to their countries! And EPF can invest further! And also stop foreign workers from constantly changing their identity! Yes, foreign workers can easily change their identity if you don't know about this!

Posted by DickyMe > 2022-05-10 18:56 | Report Abuse

@Tobby
Foreign worker's EPF contribution is negligible amount. Foreign workers sending money back home is in billions of ringgit each month. I don't know how many of them are here but not less than three(3) million ( source various news reports).
If all of them send back assuming RM500, outflow is RM1.5 Billion (conservative amount) per month.
Foreign workers tracking is easy but enforcements are doing a intentional sloppy work for reasons whihc you can predict well.

Posted by DickyMe > 2022-05-10 18:57 | Report Abuse

I say stop taking foreign workers and employ locals. Money stays and circulate within country.

Posted by DickyMe > 2022-05-10 18:58 | Report Abuse

Government should stop all freebies and free money. Shutdown welfare ministry.

Posted by OnTime > 2022-05-10 19:17 | Report Abuse

locals demand rm3k minimum pay. Can afford?

Posted by DickyMe > 2022-05-10 19:53 | Report Abuse

Today's 3K is worth only 900 ringgit.

Posted by DickyMe > 2022-05-10 19:54 | Report Abuse

" Posted by OnTime > 35 minutes ago | Report Abuse

locals demand rm3k minimum pay. Can afford?"
========================

If employers cannot afford, shutdown the business and put their money under the pillow.

Posted by Golf123 > 2022-05-10 21:56 | Report Abuse

Accounts never published, .,..so draw you own conclusion

Posted by LossAversion > 2022-05-11 08:16 | Report Abuse

@OnTime, the demand of rm3k minimum pay by locals can only granted if local employees can double their productivity? Can local employees afford?????? Perhaps foreign workers can....because they dont have ibu sakit lah, anak sakit lah, bapa mati, uncle mati, isteri beranak, anak sekolah, etc etc, etc. Now you know why Employers prefer to hire foreign banglas, burmese, etc.

Posted by DickyMe > 2022-05-11 10:04 | Report Abuse

Greedy pigs as employers, of course, will use age old excuses to support their need for slave foreign workers. Hope they get Topglove Bangla workers who exposes them until cannot get up. The only reason they like foreign workers is they can treat them like slaves for pittance.
Malay politicians are highly corrupted and sttuupid for they cannot realise how the employers are banging their rear end at the expense of own citizen and well being.

Posted by chinaman > 2022-05-11 10:13 | Report Abuse

public sectors also must be EPF deducted like migrants to be fair to all. not billions pension balloon waiting to explode one day

Posted by stockraider > 2022-05-11 10:22 | Report Abuse

As i say earlier....those low income holding small amount in EPF like say Rm 30k & below...it is better to allow them withdraw & try their luck in cash small business, grabs, panda, shopee, lazada, lalamoves etc.

They just have to invest in vehicles & handphones and they can earn more than Rm 4k a month mah!

Posted by chinaman > 2022-05-11 12:55 | Report Abuse

nothing to do with income level why many including Malay opt. to withdraw earlier... low confidence, low trust on taliban gomen ...many buy gold from myr10K... MYR BOR YOR KIU

Posted by chinaman > 2022-05-11 13:07 | Report Abuse

last few byelection won by DUMNO does not translate real support. its protest vote, Putus Harapan vote on Pakatun....