Re: WELCOME TO PROVIDE YR COMMENT ON EPF MATTER
That day when i filled- up the KWSP form, requested to maintain the EPF contribution rate at 11%, i found a non-sense clause stated in the form under Remarks portion.
It mentioned the maintaining of 11% will be abolished if we no longer service in our existing company ( the existing company that we used the filled in the form as existing employer.)
Meaning, after submitting the form we have to stay with our existing company, otherwise if we join others company , our EPF rate will be automatically reduced to 8% as governed by the Government. Do you think it is make sense??!!
pls comment yr opinion in this case.