How can I utilise the EPF investment scheme?
CWA is listed under the EPF Members’ Investment Scheme (EPF-MIS) so investing with us is a breeze.
EPF members can invest up to 20% of their excess credit balance in Account 1.
The minimum amount is RM1000, and this can be withdrawn at 3 months’ interval from the date of the last transfer, subject to the availability of funds.
Your actual amount in your EPF account can be obtained at all EPF counters.
Amount that can be invested:
Required Basic Savings In Account 1
Age
(Years)
|
Basic Savings
(RM)
|
Age
(Years)
|
Basic Saving
(RM)
|
|
18
|
1,000
|
37
|
34,000
|
|
19
|
2,000
|
38
|
37,000
|
|
20
|
3,000
|
39
|
41,000
|
|
21
|
4,000
|
40
|
44,000
|
|
22
|
5,000
|
41
|
48,000
|
|
23
|
7,000
|
42
|
51,000
|
|
24
|
8,000
|
43
|
55,000
|
|
25
|
9,000
|
44
|
59,000
|
|
26
|
11,000
|
45
|
64,000
|
|
27
|
12,000
|
46
|
68,000
|
|
28
|
14,000
|
47
|
73,000
|
|
29
|
16,000
|
48
|
78,000
|
|
30
|
18,000
|
49
|
84,000
|
|
31
|
20,000
|
50
|
90,000
|
|
32
|
22,000
|
51
|
96,000
|
|
33
|
24,000
|
52
|
102,000
|
|
34
|
26,000
|
53
|
109,000
|
|
35
|
29,000
|
54
|
116,000
|
|
36
|
32,000
|
55
|
120,000
|
Some Examples To Compute The Allowable Investment Amount
|
Member
|
Age
|
Savings In Account 1 (RM)
|
Basic Savings (RM)
|
Computation: Savings In Account 1- Basic Savings x 20%
|
Member's Eligibility
|
|
A
|
22
|
4,000
|
5,000
|
-
|
Not qualified as the savings is lesser than the basic savings required.
|
|
B
|
25
|
8,000
|
5,000
|
(8,000 - 5,000) x 20% = RM600
|
Not qualified as the savings is lesser than required minimum investment amount of
RM 1,000.
|
|
C
|
25
|
20,000
|
9,000
|
(20,000 - 9,000) x 20% = RM2,200
|
Qualified as the savings is more than the basic savings and minimum limit.
|
|
D
|
40
|
40,000
|
44,000
|
-
|
Not qualified as the savings is lesser than the basic savings required.
|
|
E
|
45
|
100,000
|
64,000
|
(100,000 - 64,000) x 20% = RM7,200
|
Qualified as the savings is more than the basic savings and minimum limit.
|