Calculation of EPF Voluntary Contribution
- If the employee and/or employer have applied to KWSP to increase their percentage rate of contribution for the employee, the contribution amount should be calculated based on the exact percentage.
The total contribution with cents shall be rounded to the next ringgit.
Let’s say the employer opts to pay a contribution of 5% above the rate set for the employer's share.
|Employee Contribution||Follow Third Schedule|
|Employer Contribution||Calculate based on the exact percentage|
Example of employer voluntary contribution