Sunday, February 6, 2011

Employees Provident Fund (EPF) Rules


No wonder the money at Amanah Raya is so high reach trillion because they have this kind of rules.

EPF RULES
If ONE (1) of your Nominees in the EPF Nominees list dies, automatically the whole arrangement (EPF Nominees list) is VOID .. Meaning if, you only put in One (1) name & unfortunately he/she dies before you – automatically EPF will channel your EPF money to trustee of AMANAH RAYA upon your death.

Even though if you have few names in the EPF Nominees list, - the whole arrangement is VOID & none of the individual names left in the EPF Nominees list will get their portion & automatically EPF will channel your EPF money to trustee of AMANAH RAYA upon your death.

Piece of advice - if any of the your Nominees in the EPF Nominees list dies, please do immediately approach the nearest EPF counter & present the Death Certificate of the individual & register your NEW / LATEST Nominee in the EPF Nominees list + NEW / LATEST percentage .

If, you & the other party (maybe spouse) involved in the same misfortune (accident / illness) that caused death to both yourself / spouse please, please, please alert your siblings / relatives / parents to immediately approach the nearest EPF counter & share the information within 3 days to AVOID all EPF money to be surrendered to trustee of AMANAH RAYA .

Upon surrender to trustee of AMANAH RAYA, your children will have to battle the money thru 3 channels;
1. Majlis Agama
2. Pejabat Tanah
3. Mahkamah

The normal period via above 3 channels usually takes 2-3 years (except if you have inside/tip top connection) at Amanah Raya.

請小心處理E.P.F.受益人名額. 最好放錄多一兩位受益人姓名, 除了伴侶, 請填放: (例如: 父母, 兄弟)… 以防萬一!!! (別益了無關人士!)

尊敬的傳媒同仁, 大德大家好!

為了廣大民眾之利益, 請傳媒朋友們廣為宣揚/ 刊登此重要訊息, 尊敬的您們有義務為大眾詳細闡述此公積金局之”鮮為人知不成文細節”!

政府亦不該吞噬逝世會員的任何公積金存款(應該自動撥回所有款項予死者直屬的家屬)! 為了大家的利益, 請您們廣為宣傳與刊登吧!

祝福同仁們: [ 家庭和樂; 如意吉祥! ]

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