Budget 2022: Minimum EPF contribution of 9% to remain till June 2022

Published on 29 Oct 2021 6:29:17 PM

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said under Budget 2022, the statutory contribution rate for employees to the Employees Provident Fund (EPF), which was reduced to 9% since last year, will remain until June 2022.

He said this will involve an allocation of RM2bil. The minimum contribution rate was first reduced to 9% last year in Budget 2021.

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