KWSP Members Investment Scheme (MIS)

Grow Your EPF Savings with the Members Investment Scheme (MIS)

The Employees Provident Fund (EPF) offers its members the opportunity to invest a portion of their savings through appointed Fund Management Institutions (FMIs. This scheme allows eligible members to diversify their retirement portfolio and potentially earn higher returns than the guaranteed returns offered by the EPF.

Eligibility Criteria

To participate in the MIS, you must meet the following criteria:

Citizenship or Residency: You must be a Malaysian citizen, permanent resident, or non-Malaysian who became an EPF member before August 1, 1998.
Age: You must be under 55 years old.
Sufficient Savings: You must have sufficient savings in your EPF Account.

Applying for the MIS

You can apply for the MIS through one of the following methods:

Through an FMI Agent or Counter: Obtain the necessary forms (KWSP 9N [AHL] and Checklist) from your chosen Fund Management Institution (FMI). Identification card (IC) or passport is needed.
Online through i-Akaun (Member):
- Register as an i-Akaun user.
- Provide your mobile number for verification.

Understanding Investment Eligibility

The amount you can invest is calculated based on your basic savings. The basic savings is a pre-determined amount set according to your age, aiming to ensure you have a minimum of RM240,000 saved by age 55.

Investment Calculation Formula:

Invested Amount = (Balance in Akaun Persaraan – Basic Savings) x 30%

Important Note:

The investment amount is an estimated calculation and subject to the minimum withdrawal amount of RM1,000.00. To check your eligibility, use the handy KWSP calculator:
https://secure.kwsp.gov.my/member/calculator/withdrawal/investment?0&lang=en

Conclusion

The MIS offers a valuable opportunity for EPF members to grow their retirement savings through investments. By understanding the eligibility criteria and application process, you can explore this option and potentially enhance your financial future.

For more information or to start your application, visit the EPF website https://www.kwsp.gov.my/member/savings/i-invest or contact your chosen FMI.