Invest Your EPF Saving with Public Mutual

The cost of living is constantly on the rise and many Malaysians now realise they will need to make their retirement funds work harder. By investing your EPF monies in unit trust products, you are giving yourself more opportunity to overcome the effects of inflation and enjoy your golden years.

''About 70% of contributors who withdraw their EPF savings at the age of 55 tend to spend all their savings within three years''

Benefits

• No cash investment required

Investment is transacted directly from your EPF Account 1.

• Diversification

Opportunity to diversify your retirement funds with EPF approved funds.

• Capital Appreciation

Opportunity to reap capital growth as part of the return on your investment to boost the total lump sum of your EPF savings.

EPF Members Investment Scheme

• This scheme allows EPF members to invest 20% the amount in excess of the required Basic Savings in Account 1.
• You can only invest through appointed unit trust fund company of Institusi Pengurus Dana (IPD) by the Ministry of Finance.
• Public Mutual's IPD number is 003.
• You are allowed to make your second withdrawal three months after your first withdrawal, provided you are still eligible

To Qualify

EPF Memers must have Basic Savings as stipulated below according to age in order to invest.
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Basic Savings

Basic Savings is a pre-determined savings amount in your Account 1 according to your age brackets to enable you to achieve a minimum savings amount of at least RM120,000.00 when you are 55 years old. This saving may not be withdrawn until you are 55 years old.

The table below shoes the Basic Savings at various ages:

AGE (YEAR)	BASIC SAVINGS (RM)	AGE(YEAR)	BASIC SAVINGS (RM)
18	1,000.00	37	34,000.00
19	2,000.00	38	37,000.00
20	3,000.00	39	41,000.00
21	4,000.00	40	44,000.00
22	5,000.00	41	48,000.00
23	7,000.00	42	51,000.00
24	8,000.00	43	55,000.00
25	9,000.00	44	59,000.00
26	11,000.00	45	64,000.00
27	12,000.00	46	68,000.00
28	14,000.00	47	73,000.00
29	16,000.00	48	78,000.00
30	18,000.00	49	84,000.00
31	20,000.00	50	90,000.00
32	22,000.00	51	96,000.00
33	24,000.00	52	102,000.00
34	26,000.00	53	109,000.00
35	29,000.00	54	116,000.00
36	32,000.00	55	120,000.00

Example

Ali is 26 years old. From his EPF latest statement, the amount in his Account 1 is RM50,000. According to the Basic Savings table above, his basic savings required in Account 1 is RM11,000. This means he is qualified to withdraw the minimum RM1,000 and maximum RM7,800 ((RM50,000 – RM11,000) x 20%) from his EPF savings to be invested in unit trusts.
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 Find Out If You Qualify

• Check your account balance at any EPF Smart Kiosk nationwide by using your Mykad or;

• Refer your latest EPF statement or;

• Log onto www.kwsp.gov.my if you are an i-Akaun registered user.  

Please contact me:

 Lancer Lim - Unit Trust Consultant
+60 19 603 9696
+65 9772 8576
Email: LL@lancerlim.com
www.lancerlim.com
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