How to Calculate EPF Contribution?
Created by: EasyWork Team
Modified on: Tue, 13 Dec, 2022 at 3:12 PM
Q1: EPF Contribution Rate
The contribution rate depends on the employee’s age & nationality. For example, for an employee aged below 60 and Malaysian, his contribution rate is 11%.
For more details, please check at https://www.kwsp.gov.my/en/employer/contribution/all-about-your-responsibility#MandatoryContribution
Q2: Calculation of EPF Contribution
- DON’T simply calculate the EPF contribution based on the exact percentage unless the total wages exceed RM20,000. You should always follow the amounts stated on the Third Schedule table
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