Versi Bahasa
  

EPF MEMBERS’ INVESTMENT SCHEME

Q1 What is EPF Members’ Investment Scheme?

EPF Members’ Investment Scheme is a facility that allows the EPF members who have the excess amount of basic savings in Account 1 at the predetermined age levels, to invest the amount in the approved ASNB funds. This facility is subject to rules and regulations of EPF. Effective from 1st February 2008, the amount of basic saving in EPF

Account 1 according to the age levels are as follows:-

Age
 (Years)

Basic Savings
(RM)

Age
(Years)

Basic Saving
 (RM)

18

1,000

37

34,000

19

2,000

38

37,000

20

3,000

39

41,000

21

4,000

40

44,000

22

5,000

41

48,000

23

7,000

42

51,000

24

8,000

43

55,000

25

9,000

44

59,000

26

11,000

45

64,000

27

12,000

46

68,000

28

14,000

47

73,000

29

16,000

48

78,000

30

18,000

49

84,000

31

20,000

50

90,000

32

22,000

51

96,000

33

24,000

52

102,000

34

26,000

53

109,000

35

29,000

54

116,000

36

32,000

55

120,000

Members can invest not more than 20% of their credit in excess of Basic Savings in Account 1.The minimum amount of savings that can be withdrawn is RM 1,000 and can be made at intervals of three months from the date of the last transfer, subject to the availability of the Basic Savings required in Account 1.
 
Q2 Can I use my EPF Members’ Investment Scheme to all ASNB Funds?

You are only allowed to invest in AS 1Malaysia, ASW2020, ASD, ASN2, ASN3, and ASG. This investment is subject to availability of the units of the funds.
   
Q3 How do I participate in EPF Member’ Investment Scheme?

Firstly, you must be a unit holder of the funds. Then, you may bring the following documents to any ASNB Offices. The documents are:-

  1. Identity Card and a photocopy
  2. The latest EPF statement
  3. A fully completed KWSP 9N form
  4. A fully completed Pelaburan Tambahan (ASNB 21) form.
All the forms are available at ASNB Offices.
   
Q4 Can I redeem this investment?

Yes, you may redeem this investment. However, the redemption amount plus income distribution and capital appreciation (if any) will be paid to EPF and to be credited into your EPF Account 1.
   
Q5 Can I redeem the income distribution of this investment?
No, you may not redeem the amount. The income distribution will be re-invested as additional units of the funds, subject to availability of the units of the funds. If the units of the funds are fully subscribed, the distribution amount will be paid to EPF and to be credited into your EPF Account 1.  
   
Q6 How do I know the eligible amount that can be withdrawn?

You may use the illustrations in the following table as your guide.

Member

Age

Savings In Account 1
 (RM)

Basic Savings (RM)

Computation: Savings In Account 1- Basic Savings x 20%

Member's Eligibility

A

22

4,000

5,000

-

Not qualified as the savings is lesser than the basic savings required.

B

22

8,000

5,000

(8,000-5,000) x 20%    = RM600

Not qualified as the savings is lesser than required minimum investment amount of RM 1,000.

C

25

20,000

9,000

(20,000-9,000) x 20%  = RM2,200

Qualified as the savings is more than the basic savings and minimum limit.

D

40

40,000

44,000

-

Not qualified as the savings is lesser than the basic savings required.

E

45

100,000

64,000

(100,000-64,000) x 20% = RM7,200

Qualified as the savings is more than the basic savings and minimum limit.