EPF: Employee contribution rate drops to 9% for 2021, opt-out required to maintain 11%

[ UPDATE 1/12/2020 12:00 ]: The EPF has released the Borang 17A (Khas 2021) form. Here’s what you need to do if you wish to retain the 11% employee contribution rate. === As announced during Budget 2021, the employee contribution rate for the Employees Provident Fund (EPF) will be reduced from 11% to 9% for … Continue reading EPF: Employee contribution rate drops to 9% for 2021, opt-out required to maintain 11%