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TOPIC: EPF Contribution

EPF Contribution 3 months 9 hours ago #1079

  • MAX
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Hi, my salary is RM3875. Employee EPF contribution is 11%, which is RM426.25.
But according to HR.my payslip, employee EPF contribution of 11% is RM425.00 which is abit different with my calculation.

May I know how HR.my get the figure of RM425?

Thank you.
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EPF Contribution 3 months 8 hours ago #1080

  • Kap-Chew
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According to KWSP, there is some rounding off rules that apply.
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EPF Contribution 2 months 4 weeks ago #1083

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Sorry, I am new to HR field.

I found a list from KWSP website which is about rate of monthly contribution and the employee EPF contribution rate for RM3875 is RM427.

Web>> www.kwsp.gov.my/portal/en/web/kwsp/googl...bmit.y=0&submit=btnG

is it possible for me to overwrite the EPF rate in the system?
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EPF Contribution 2 months 4 weeks ago #1084

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Er... I am not sure how did you get the result of RM425 from HR.my for "RM3875. Employee EPF contribution is 11%, which is RM426.25."

I have just checked HR.my, the result was RM 427.

And according to KWSP: The total contribution which includes cents shall be rounded to the next ringgit. ->www.kwsp.gov.my/portal/documents/10180/1...6_04022016_Final.pdf
Last Edit: 2 months 4 weeks ago by Kap-Chew.
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EPF Contribution 2 months 4 weeks ago #1085

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Yesterday when I tried with salary RM3875, the payroll did showed EPF contribution is RM425. But now it is back to normal, showing RM427.
Thanks for your information.
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EPF Contribution 2 months 4 weeks ago #1086

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Strange... nothing was done to the payroll module yet... Anyhow I am glad that it works for you now :lol:
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