Sunday, February 19, 2012

\EPF Declares 6% High Dividend for 2011

Henry Tan | 8:14 PM | | | |
Good news to the employees! =D
The Employees Provident Fund (EPF) board has declared a dividend rate of 6% for 2011!

"It's the highest in the last 10 years!"

Compare to 2010 which is just 5.8%, increased by 20 basis point.
Translates to a 24.47 billion being distributed to the members. 
Below is the table for the allocation of the fund.


As you can see from the table,
Equities were the largest income contributor at RM13.29 million (48.841%).
Personally I think it is quite impressive especially a lot uncertainties in the economic.


Comparing to the past 10 years, it's the highest!
But of course, you could observe that it reaches the peak when it is the election year. =p
Well, one thing good for the employee is that... 
the CPI (consumer price index) and FD (fixed deposit) were kept low at 3%.

Meaning your money in EPF...

"Still got 3% interest despite of inflation!"

But this is just a rough estimation.
Anyhow, as long as it is high,
We should be happy already! =D

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12 comments:

  1. eh Bro, tell U the truth.. I have no ASB account yet.. ha ha ha..

    ReplyDelete
  2. eh, U r talking about KWSP.. ha ha ha.. no wonder I wonder why is the dividend is only 6%.. Like so small wor... Hahaha.. I have no KWSP account ody too.. :p..

    ReplyDelete
  3. and 1 more thing, I actually didn't know they give dividend for KWSP.. ha ha ha.. I tot, the only things they carum from your acc is the only figure in the acc.. :D

    ReplyDelete
    Replies
    1. lol... no la bro! anyway glad that u know now. =p

      Delete
  4. Yay!! Good news for all employees!

    ReplyDelete
  5. Aiyorrrrrrrr!!!!

    I shouldn't have listened to rumours - all over the net about how one's details and account would disappear when they computerised their system, how the government is so poor and they cannot pay up when required to do so or how they use the money for all the wrong things and all the wrong ways...etc...etc...etc...

    Silly me! Went and withdrew everything - so easy...processed today, in my bank account already the very next day or two! I would have got at least RM2-3K in dividend....double the interest that I can get from the bank!!!!

    Those people who spread all kinds of rumours simply to put the authorities in a not so favourable light should be taken out and hanged. Tsk! Tsk!

    ReplyDelete
    Replies
    1. haha well not too late to switch from FD to some others. =p

      Delete

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