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I-Saraan: Eligibility Benefits

i-Saraan is a voluntary retirement contribution scheme for self-employed and non-regular income earners in Malaysia. It provides benefits such as an annual 15% government contribution up to RM250 per year, annual dividends, death benefits, and incapacitation benefits. Eligible individuals can register at any EPF counter and make voluntary contributions of any amount at any time up to RM60,000 annually via cash, cheque, online banking, or at participating bank counters. Contributions provide EPF membership benefits and tax relief.

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0% found this document useful (0 votes)
99 views1 page

I-Saraan: Eligibility Benefits

i-Saraan is a voluntary retirement contribution scheme for self-employed and non-regular income earners in Malaysia. It provides benefits such as an annual 15% government contribution up to RM250 per year, annual dividends, death benefits, and incapacitation benefits. Eligible individuals can register at any EPF counter and make voluntary contributions of any amount at any time up to RM60,000 annually via cash, cheque, online banking, or at participating bank counters. Contributions provide EPF membership benefits and tax relief.

Uploaded by

Jhi Hi
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© © All Rights Reserved
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i-SARAAN

Voluntary Contribution with Retirement Incentive


(Formerly known as 1Malaysia Retirement Savings Scheme)

ELIGIBILITY BENEFITS
GOVERNMENT CONTRIBUTION

Government
contribution of
15% on the amount
contributed, subject
to a maximum of
RM250 a year
Individuals who are
self-employed or do
not earn a regular BENEFITS FOR EPF MEMBERS
income, housewives
and pensionable
employees

Malaysian
Citizen
% R
RM

55
tahun
Yet to reach
the age of 55
Annual
Dividend
Death
Benefit Withdrawal Tax Relief

An EPF member will enjoy annual dividend, and be eligible for


Contribute incapacitation benefits and death benefits, able to make withdrawals
voluntarily, any
y from EPF savings and qualify for tax relief (subject to any prevailing rules).
amount, any time e
(subject to a
maximum amount
of RM60,000 per PAYMENT OF CONTRIBUTION
annum for all
voluntary Cash or cheque Cash or cheque at Fund transfer via online
contributions) at the EPF’s any counter of the banking services by the
receipting EPF’s panel banks appointed banks
counter [MBB, PBB, BSN and RHB] [MBB and PBB]
REGISTRATION
Register as an
EPF member/
i-Saraan for KWSP BANK BANK

eligible
individuals
at any EPF
counter.
QUERIES
Website Contact Management Centre
www.kwsp.gov.my 03-89226000

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