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The Star
  • 3/3/2024
The Employees Provident Fund (EPF) is not expecting any changes in mandatory contribution rates once the flexible account, or Account 3, is rolled out, says EPF chief executive officer Ahmad Zulqarnain Onn.

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00:00 Any updates on account 3? Will it be an automatic opt-in/out system?
00:05 And any changes to the statutory contribution rate?
00:08 Okay. The details around the flexible account will be made in April, as has been announced previously.
00:19 And we are still on track to that timeline.
00:23 We do not, to the other part of your question, we do not expect a change in the contribution rate.
00:31 Thank you.

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