Today, i will republished one of my short articles where I touched ion EPF and the average salary of graduates in Malaysia.

I was shocked with my findings when I first published this article back in 2016….

Firstly, in my opinion, EPF is really good and the reasons are:

• All full time workers in Malaysia are forced to save for their retirement.
• Whatever money contributed into EPF plus Dividend declared are guaranteed. Unlike other retirement funds in the western world where the retirement fund of an individual can go up and down depending on the market situation. If the market crashes when one retires, the retirement fund may not be sufficient for him/her to survive until he/she dies. Then again, will our EPF which is guaranteed to increase yearly sufficient for our retirement years?
  
• And best of all, the portion which employers contribute to EPF are TAX FREE!!! So if you own the company, you should make your company contribute more to your EPF. Or, for individuals earning big bucks, instead of asking for increment, ask the company to contribute more to your EPF 🙂

Here is the top average salary of Malaysians in 2014 (click here to see Malaysia Salary Guide 2019 by Kelly Services and Capita Global how much CEO and Directors earn monthly in different sectors):

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