Higher EPF contribution limit benefits only the rich, say experts

Raevathi Supramaniam Raevathi Supramaniam Updated 1 year ago · Published on 8 Oct 2022 7:00AM · 0 Comments

Economists say the move to increase the voluntary contribution limit to EPF to RM100,000 per year from RM60,000 will only benefit the higher income group. – The Malaysian Insight file pic, October 8, 2022.

THE government’s move to increase the voluntary contribution limit to the Employees Provident Fund (EPF) to RM100,000 per year from RM60,000 will only benefit the higher income group, economists said.

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