WHAT IS EMPLOYEES PROVIDENT FUND ? Employees Provident Fund is a compulsory savings scheme in Malaysia. Its primary aim is to provide a measure of security for old age retirement to its members. It also provides supplementary benefits to members to utilize part of their savings for house ownership and other withdrawal schemes. EPF is [...]
AIDS is among the 16 types of illnesses added into the Employees Provident Fund’s list of critical illnesses under the health withdrawal scheme. Starting today, the list has been expanded from 39 illnesses to 55. EPF contributors are now allowed to make withdrawals for treatment for more diseases. They are also permitted to buy critical [...]
The Employees Provident Fund Act 1991 stipulates a compulsory contribution for employees. Under the Act, all employers and employees (except foreign workers and those who are listed under the First Schedule) must contribute to the Employees Provident Fund (EPF). With effect from 1 February 2008 the rate of contributions shall be as follows:- Employees who [...]
Staff Confirmation Template Letter
We share some template of Staff Confirmation Template Letter for your reference. This template can be used for any occasion. Template 1 This letter is to confirm that Mr Chong has been employed by Syarikat ABC Sdn Bhd on a full time basis from 2 November 2010 until 31 October 2010 as Assistant Manager, Operations [...]
Frequently Asked Question on constructive dismissal
I have compiled various Frequently Asked Question on constructive dismissal from the net and personal experience for guide. FAQ 1 What is constructive dismissal ? Question What is constructive dismissal? Under what situations can I claim constructive dismissal? Answer Constructive dismissal refers to situations where you feel your employer has behaved in such a way [...]
Frequently Asked Question on Resignation
I have compiled various Frequently Asked Question on Resignation from the net. FAQ 1 Unutilised Leave Balance Question Let’s say, I would like to tender my resignation on 21 Aug with 30 days notice. Counting until 30 days, last day will be 19 Sept. I have 4.5 days of annual leave balance. In between 21 [...]
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