The Move Toward Greater Flexibility
In November 1996, KWSP provided greater flexibility for its members by allowing them to invest a part of their savings in approved financial institutions.
The direct impact of this move is to provide members with more control over their savings, giving the members a more active role in the investment of their own savings.
Who Can KWSP Member’s Invest With?
1) Fund management institutions which fulfilled the conditions and guidelines set forth by the Finance Ministry are eligible to participate.
2) Permodalan Nasional Berhad, Lembaga Urusan dan Tabung Haji, unit trust companies approved by the SC, local fund management institutions licensed under the SC Act 1983 and merchant banks which undertakes fund management licensed under Banking and Finance Institution Act 1989.
Method for Investing in the KWSP Scheme
Investments are to be made directly with any CIMB Wealth Advisor’s Agents.
The required documents:
a) KWSP 9N AHL Form
b) Photostat copy of Identity Card. To Photostat the front and reverse side of the NRIC on the same page of an A4 size paper.
c) Fund Application Form
You are eligible to apply if you are:
§ A Malaysian citizen; or
§ A Permanent Resident; or
§ A Malaysian citizen who have withdrawn your savings under Leaving The Country Withdrawal before 1 August 1995 but subsequently returned and re-contribute to EPF; or
§ A Non-Malaysian citizen (Expatriate) who became a member of the EPF before 1 August 1998.
§ You need to have savings in your Account I and you must also have not reached 55 years of age on the date the application is received by the EPF.
§ Eligible members are only allowed to invest not less than RM1,000 but not more than 20% of any surplus above required amount based on investor’s age. Refer to below chart.
Basic Savings required in Account 1 KWSP
What Are The Mechanics?
it will only be a transfer of KWSP savings to fund managers as instructed and returns will be credited directly into member’s KWSP savings account.Any withdrawal or investment gains from the fund management institution are not allowed until after age 55 or if member meets the requirements under the withdrawal schemes of leaving the country, incapacitation or death.
How Often Can You Withdraw?
Every 3 months (Based on disbursement date from KWSP)
When Are You Not Eligible To Withdraw?
- When your balance in Account 1 is Less than required amount based on age (Refer to above chart)
- Reached age 55 years old.
Can You Invest in Any Unit Trust?
No. You can only invest in Unit Trust that are approved by KWSP.
Contoh Pengiraan Kelayakan Pelaburan Ahli KWSP
|
Ahli
|
Umur
|
Simpanan di dalam Akaun 1 (RM)
|
Simpanan Asas Baharu
(RM) |
Pengiraan untuk Pelaburan (30%)
|
Kelayakan
|
|
A
|
22
|
4,000
|
8,000
|
-
|
Ahli tidak layak memohon. Simpanan di Akaun 1 kurang daripada Simpanan Asas baharu.
|
|
B
|
22
|
9,000
|
8,000
|
RM9,000.00 – RM8,000.00 x
30% = RM300.00
|
Ahli tidak layak memohon. Kelayakan minimum adalah RM1,000.00
|
|
C
|
25
|
20,000
|
14,000
|
RM20,000.00 – RM14,000.00 x
30% = RM1,800
|
Ahli layak memohon. Amaun kelayakan minimum adalah RM1,000.00 dan maksimum adalah
RM1,800.00
|
Tiada ulasan:
Catat Ulasan