Epf Interest Rate History Malaysia

Listed below are the yearly dividend rates paid out by epf beginning 1952 until now 2019.

Epf interest rate history malaysia. This page provides malaysia interest rate actual values historical data forecast chart statistics economic calendar and news. Now including epf simpanan shariah returns. Historical employees provident funds epf kwsp dividend rate february 16 2014 the malaysian employees provident fund epf was formally founded after the enactment of the employees provident fund act 1991 act 452 which grants employees a retirement benefits. Dividend rates for simpanan shariah will be based on actual performance of the epf s shariah compliant investments.

Chief epf officer alizakri alias cited a challenging 2019 as the primary reason for the dip in performance with both the global and domestic market taking hits from various fronts. The epf interest rate fy2020 is set at 8 50 a cut of 0 15 from 2018 19 epf historical interest rates. The latest epf interest rate is 8 50 the financial year 2019 20 but the interest rates of employee provident fund have changed over the years as you clearly saw in the earlier section of this article about the epf interest rate history in india. For all your contributions the government guarantees a minimum paid dividend rate of 2 50 for simpanan konvensional.

For 2019 the epf dividend rate was 5 45 for conventional and 5 00 for syariah savings for the conventional fund the rate is the lowest it has been since 2008 where the dividend was at 4 5. The review of the epf interest rate for a financial year is set at the end of that financial year most probably in february but may go up to april or may. The latest data was only up to. The amount of dividend can be checked online via i akaun epf online statement and via members account statement which is mailed to contributors each year.

Interest rate in malaysia averaged 2 97 percent from 2004 until 2020 reaching an all time high of 3 50 percent in april of 2006 and a record low of 1 75 percent in july of 2020. I wrote about a similar topic in my previous post almost 3 years ago and apparently it is out dated. Epf historical returns data since inception in 1952 current investments overview dividend calculation and future performance estimates. The epf also attributes the declining interest market rate since 1996 to the interest market rate.

Feb 22 2020 epf historical performance.