EPF Contribution for 60 years and above

Ben
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9 years 1 month ago #209 by Ben

Replied by Ben on topic EPF Contribution for 60 years and above

Kap,

Should have 6.5%, 6% for Employer and 5.5% for Employee contribution.

Thanks.

p/s: can you add that to hr.my - Employee/Salary/Statutory Details/Employer EPF Rate & Employee EPF Rate?

Kap-Chew
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9 years 1 month ago #210 by Kap-Chew

Replied by Kap-Chew on topic EPF Contribution for 60 years and above

Hi Ben,

I have just updated the Salary Calculation page to include 6.5% Employer EPF contribution rate. For HR.my, I am currently in the process of rolling out a major revamp, and I will include this support in the release too. If everything goes smoothly, I expect to release the new major upgrade this month

Kap-Chew
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9 years 2 weeks ago #223 by Kap-Chew

Replied by Kap-Chew on topic EPF Contribution for 60 years and above

Hi Ben,

Today I have just updated HR.my with a complete revamp to the system. One of the important updates include the

- Options for 6% and 6.5% Employer EPF contribution, 5.5% Employee EPF contribution for employees aged 60 years and above, up to 75 years

For more details related to this major update, please visit here: payroll.my/forum/general/52-hr-my-r3-update#216

Hope that you will enjoy this new feature, and do let me know if you will need other enhancements anytime

Thanks
Kap-Chew

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