KWSP Contribution Table 2023

KWSP contribution table 2023 PDF, have employees provision fund, amount of wages for month and rate of contribution for the month in high quality and in printable format

kwsp contribution table 2023

PDF of KWSP Contribution Table 2023

Authors : KWSP

PDF Name : KWSP Contribution Table 2023

Published/Updated On :

Category : Government, PDF

No. of Pages : 85

PDF Size : 2.1 MB

Language : English

Sources/Credits :

Download PDF from using the direct download link given at the bottom of this article.

KWSP Contribution Table 2023 PDF – Overview

KWSP Contribution Table 2023, contains information about the Employees’ Provision Fund and Other Provisions Act, 1952 established the Employees’ Provision Fund (EPF) as a pension benefit system. Only salaried people are eligible for this program. A certain amount of contribution is deducted from the employee’s salary and credited to his EPF account under the EPF scheme. The company also donates a part of the EPF accounts of the employees.

KWSP Contribution Table 2023 with complete information about the amount of wages for the month and rate of contribution for the month, Kswp is Employees’ Provident Fund is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. Membership of the EPF is mandatory for Malaysian citizens employed in the private sector, and voluntary for non-Malaysian citizens.

KWSP Contribution Table 2023

KWSP Contribution Table 2023 PDF – Highlights

Sr.NoCategoryPercentage of contribution (%)
1Employees Provident Fund3.67
2Employees’ Pension Scheme (EPS)8.33
3Employee’s Deposit Link Insurance Scheme (EDLIS)0.5
4EPF Admin Charges1.1
5EDLIS Admin Charges0.01

What is the formula for calculating interest on EPF

  • Every six months, the federal government announces the interest rate to be paid (every fiscal year). The interest rate on EPF deposits has been 8.5 percent since 2012-13, 8.75 percent in 2013-14 and 8.75 percent in 2014-15.
  • Interest is calculated as a percentage of the average monthly loan. EPF subscribers can get interest on their contribution and interest on their employer’s PF deposits.
  • However, although the interest amount is calculated every month, the entire interest amount is credited only once per year. It is customary for credit distributions to take place at the end of March.
  • The office follows a calendar year that runs from March to February.

Download KWSP Contribution Table 2023 PDF from OliPDF using the direct download link given below.


Download PDF

Disclaimer: do not store any pirated or copyrighted material on our servers. All the PDF and photos are downloaded directly from internet or All logos, name and trademarks displayed on this website are the property of the there owner.



Leave a Comment