Re: EPF rate for staff age 55
Can i know when to change the staff contribute rate to 5.5% employee and 6% for employer for staff age 55
For example: The staff birthday is 6th of May, so the rate change is based on the year or the month(if month mean that month start or up coming month)?
A) Start from Jan
B) Start from May
C) Start from June
And it is compulsory to change the rate? Can the rate remain at 11% employee and 12% employer?