Do you know about EPF Installment Plan? And how much do you know about it?
Employers may, under certain conditions, be given an opportunity to use an Instalment Plan approved by the EPF to pay contributions, late payment penalties, or dividends in installments. The employer may submit a written application to the EPF branch for review of the installment application.
The objectives of this initiative are to empower the employers to carry out their responsibilities as employers and facilitate employers to administer EPF Instalments.
Here are the available features in the i-Akaun (Employer) Instalment Plan?
📌 Employers can check the Instalment Plan information that has been approved by the EPF through i-Akaun (Employer).
📌 Printout of ‘Borang Bayaran Ansuran Majikan’ for payment purposes at the EPF counter.
📌 The employer receives a notification alert through the ‘Inbox’ function in the i-Akaun (Employer) within seven days before the due date of the installment.
For more info regarding EPF Installment Plan, visit https://www.kwsp.gov.my/documents/20126/2022017/FAQ+Instalment+Plan+EN_External_010.pdf?fbclid=IwAR2d4k9mVTcozC6qMMr6wGgaV4eZCvPbvyovLLYNUMFd8ktsiCY08k_T12U
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