Selangor Journal
Employees’ Provident Fund (EPF) logo is seen at its headquarters in Kuala Lumpur, on September 5, 2019. — Picture by REUTERS

EPF i-Suri scheme gets RM1.6 mln from state govt

By Sulyn Chong

SHAH ALAM, Nov 25 — The Selangor state government has agreed to cooperate with the Employees Provident Fund (EPF) and to contribute approximately RM1.6 million to the EPF i-Suri scheme, said Menteri Besar Dato’ Seri Amirudin Shari.

“The incentive will benefit a total of 26,913 members who have been registered as EPF members.

“This is to appreciate the services of women who are the backbones of families and communities. This contribution is to help the citizens of the state who are registered under the e-Kasih list,” he said during the tabling of the 2023 Selangor Budget at the Selangor State Legislative Assembly, here today.

The i-Suri scheme, under the EPF, was introduced in 2018 by the former Pakatan Harapan-led government to encourage housewives, single mothers, divorcees and widows who are registered in the national database on poverty (e-Kasih) to start saving independently for their future.

The scheme allows for voluntary transfer of 2 per cent EPF contributions from the husband’s account to the wife and is eligible for government contribution of RM480 per year.

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