Did u qualified for EPF Members Investment

Eligible/Qualified:

Ken is 31 years old. From his EPF statement, account 1 amount is RM 30, 000. According to Basic Saving Table, his basic saving must be RM 20000.EPF will calculate like this:(RM 30, 000 - RM 20,000) x 20% = RM 2000.



Minimum amount Ken can invest is RM 1000 (minimum amount must be at least RM 1000 to be qualified) and maximum amount is RM 2000.



Not Eligible/Unqualified:

Case A

Today Sarah is 18 years old. He check from his i-Account (EPF online Account) , account 1 amount is RM 2000. According to Basic Saving Table, his basic saving must be RM 1000.EPF will calculate like this:(RM 2000 - RM 1000) x 20% = RM 200. Sarah is not qualified to invest because the result is less than RM 1000.



Case B

Nani is 22 years old. From his EPF statement, account 1 amount is RM 4, 000. According to Basic Saving Table, his basic saving must be RM 5000. Nani is not qualified to invest because account 1 is lesser than basic saving.