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The roles of Employees Provident Fund in the 21st century / Low Kuek Long

Employees Provident Fund (EPF) was established in 1951 under the Employees Provident Fund Act. The EPF savings are primarily meant for life after retirement. The combined contributions from the employees themselves and their respective employers provide a cushion of comfort to enable contributors to...

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Format: Article
Language:English
Published: Universiti Teknologi MARA, Sarawak 1996
Online Access:http://ir.uitm.edu.my/id/eprint/16772/1/AJ_LOW%20KUEK%20LONG%20JAS%2096.pdf
http://ir.uitm.edu.my/id/eprint/16772/
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spelling my.uitm.ir.167722017-05-08T02:41:15Z http://ir.uitm.edu.my/id/eprint/16772/ The roles of Employees Provident Fund in the 21st century / Low Kuek Long Employees Provident Fund (EPF) was established in 1951 under the Employees Provident Fund Act. The EPF savings are primarily meant for life after retirement. The combined contributions from the employees themselves and their respective employers provide a cushion of comfort to enable contributors to maintain their lifestyle after retirement. So far, EPF has accumulated assets of about 98.9 billion. However, with the one per cent increase in contribution from both the employees and employers, this figure will balloon and may easily reach the RM100 billion level well before the turn of the century. As the funds continue to swell, the roles of EPF have to change with changing times to meet the changing needs of its contributors in the 21st century. Universiti Teknologi MARA, Sarawak 1996 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/16772/1/AJ_LOW%20KUEK%20LONG%20JAS%2096.pdf UNSPECIFIED (1996) The roles of Employees Provident Fund in the 21st century / Low Kuek Long. Jurnal Akademik UiTM Sarawak. pp. 19-24. ISSN 0128-2635
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
description Employees Provident Fund (EPF) was established in 1951 under the Employees Provident Fund Act. The EPF savings are primarily meant for life after retirement. The combined contributions from the employees themselves and their respective employers provide a cushion of comfort to enable contributors to maintain their lifestyle after retirement. So far, EPF has accumulated assets of about 98.9 billion. However, with the one per cent increase in contribution from both the employees and employers, this figure will balloon and may easily reach the RM100 billion level well before the turn of the century. As the funds continue to swell, the roles of EPF have to change with changing times to meet the changing needs of its contributors in the 21st century.
format Article
title The roles of Employees Provident Fund in the 21st century / Low Kuek Long
spellingShingle The roles of Employees Provident Fund in the 21st century / Low Kuek Long
title_short The roles of Employees Provident Fund in the 21st century / Low Kuek Long
title_full The roles of Employees Provident Fund in the 21st century / Low Kuek Long
title_fullStr The roles of Employees Provident Fund in the 21st century / Low Kuek Long
title_full_unstemmed The roles of Employees Provident Fund in the 21st century / Low Kuek Long
title_sort roles of employees provident fund in the 21st century / low kuek long
publisher Universiti Teknologi MARA, Sarawak
publishDate 1996
url http://ir.uitm.edu.my/id/eprint/16772/1/AJ_LOW%20KUEK%20LONG%20JAS%2096.pdf
http://ir.uitm.edu.my/id/eprint/16772/
_version_ 1685648849904861184
score 13.189132

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