Workers EPF Contribution Rate Revert To 11%

Employee statutory contribution rate will revert to 11% from 8% from January 2018.

The employees' statutory contribution to the Employees Provident Fund (EPF) will revert to the original 11% for members below age 60, and 5.5% for those aged 60 and above with effect from January 2018. This would be implemented in the February 2018 EPF contribution.

You will not be affected by this policy if you have previously applied for a contribution of 11%. On the other hand, if you have not applied before, you will pay an extra 3% from January 2018 onward.

Starting from January 1, 2018, employers and employees are required to pay 13% and 11% respectively for EPF contribution.

Do not be surprised if you find yourself getting a pay cut in 2018! You can browse the i-Akaun of Employee Provident Fund to find out how much you have paid for EPF each month.

If you wish to contribute more than the statutory rate of 11% or 5.5% , you may do so by completing Form KWSP 17A (AHL) or Form KWSP 17AA (AHL).