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EPF reports 4.91pct rise in annual contributions in 2015

KUALA LUMPUR: The Employees Provident Fund (EPF) reported a rise of 4.91 per cent in annual contributions to RM59.98 billion against total annual amount withdrawn of RM44.25 billion, resulting in net inflows of RM15.73 billion in 2015.

At a media briefing on 'EPF Annual Report 2015' today, the statutory body said that the annual report was tabled in Parliament, both in Dewan Rakyat and Dewan Negara on April 5 and 28, respectively. It revealed a 7.54 per cent increase in total investment assets to RM684.53 billion from RM636.53 billion in 2014.

The EPF ended the year with RM44.23 billion in total gross investment income with a gross return on investment (ROI) of 7.48 per cent, which was 23 basis points higher compared to 7.25 per cent in 2014.

In February this year, EPF had declared 6.4 per cent dividend in 2015.

It said today that, as a result, the total dividends credited into members' accounts was RM38.24 billion, with the payment amount required for every one per cent dividend rate for the year was RM5.98 billion, which was a 10.13 per cent higher compared with RM5.43 billion in 2014.

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