The rates
| Employee | You | Employer, up to RM5,000 | Employer, above |
|---|---|---|---|
| Malaysian or PR, under 60 | 11% | 13% | 12% |
| Malaysian, 60 and over | 0% | 4% | 4% |
| PR, 60 and over | 5.5% | 6.5% | 6% |
| Non-citizen (joined from August 1998) | 2% | 2% | 2% |
How the bands work
Up to RM20,000 a month, contributions come from KWSP’s Third Schedule rather than the exact percentage. Wages go into a band, RM20 wide up to RM5,000 and RM100 wide above, and each share is the rate times the top of the band, rounded up to the ringgit. Above RM20,000 it’s the exact percentage, rounded up.
| Salary | You | Employer |
|---|---|---|
| RM2,390.00 | RM264 | RM312 |
| RM2,400.00 | RM264 | RM312 |
| RM4,990.00 | RM550 | RM650 |
| RM5,000.50 | RM561 | RM612 |
| RM25,000.00 | RM2,750 | RM3,000 |
RM2,390 and RM2,400 sit in the same band, so they pay the same. One sen over RM5,000 the employer’s rate drops from 13% to 12%, so the employer pays less on RM5,000.50 than on RM5,000.
| Salary | You (11%) | Employer | Total |
|---|---|---|---|
| RM1,700 | RM187 | RM221 | RM408 |
| RM2,000 | RM220 | RM260 | RM480 |
| RM2,500 | RM275 | RM325 | RM600 |
| RM3,000 | RM330 | RM390 | RM720 |
| RM3,500 | RM385 | RM455 | RM840 |
| RM4,000 | RM440 | RM520 | RM960 |
| RM4,500 | RM495 | RM585 | RM1,080 |
| RM5,000 | RM550 | RM650 | RM1,200 |
| RM5,500 | RM605 | RM660 | RM1,265 |
| RM6,000 | RM660 | RM720 | RM1,380 |
| RM7,000 | RM770 | RM840 | RM1,610 |
| RM8,000 | RM880 | RM960 | RM1,840 |
| RM10,000 | RM1,100 | RM1,200 | RM2,300 |
| RM15,000 | RM1,650 | RM1,800 | RM3,450 |
| RM20,000 | RM2,200 | RM2,400 | RM4,600 |
Check your own in the EPF calculator.
EPF and your tax
Up to RM4,000 of your own EPF a year is tax relief, and PCB allows for it automatically. At 11%, anyone earning more than about RM3,020 a month reaches the cap.