1. Executive, Quantitative Analyst
DUE DATE:- 10 MARCH 2017
All applications must be made through the system posts Jobstreet Online through the above link. For the first application, the applicant must register first before filling the required information in the system.
Applicants are advised to update the latest information needed in this system. Only shortlisted candidates will be called for interview.
EPF is a social security institutions established under the Law of Malaysia, Employees Provident Fund Act 1991 (Act 452) which provides retirement benefits for members through management of their savings in an efficient and reliable. EPF also provides a convenient framework to ensure that employers fulfill legal obligations as well as their moral obligations to contribute to the EPF for their employees.
Members Who Are We?
Private sector workers and public sector workers are not pensionable. Until September 2016, the Fund had a total of 14.72 million members. The number of active and contributing members was 6.83 million. The number of active employers also was 541.503.
Contributions of money credited to an individual account in the EPF. The amount consists of employee contributions and employer contributions and are calculated based on the employee's monthly salary. The current contribution rate is in accordance with the wage / salary received workers who receive wages / salary of RM5,000 and below the 11% employee contribution deducted from their monthly salary, while the employer contributes 13%. For workers who receive wages / salary exceeding RM5,000 contribution of employees remained at 11% while 12% is the contribution by the employer.
Your monthly contributions are invested in a number of approved financial instruments to generate income. These include Malaysian Government Securities, Money Market Instruments, Bonds & Loans, Equity and Real Estate.
EPF ensure your savings are secure and have a reasonable dividend. Fund the dividend of 2.5 per cent per annum. To ensure the payment of dividend, the EPF invests your contribution approved financial instruments in order to obtain optimum returns.
Dividends are included in the account each year. The dividend rate declared by the Fund is subject to the return of investments made through an approved instruments.
Annual dividend is calculated based on the opening balance of your savings as at 1 January each year. Monthly dividends are credited to your account based on the number of monthly contributions received.
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