Following the Budget 2021 announcement, effective 1st January 2021, employees have the option to reduce their EPF statutory contribution rate from 11% to 9%. This rate for employees will be in effect from January 2021 wages (February 2021 contribution) up to June 2022 (July 2022 Contribution) wages.

The reduced rate is default for all employees under 60 years old. Should an employee choose to remain at 11% contribution rate, they'll need to fill up Borang KWSP 17A (Khas 2022) which will then be submitted to EPF by their respective employer. For those aged 60 and above, the statutory contribution remains at the existing rate.

Source:

https://www.kwsp.gov.my/en/belanjawan-2021#Reduction-Statutory-Contribution-Rate

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Registering Employees via i-Akaun

Upon receiving the completed Borang KWSP 17A (Khas 2022) form from the employees, employers will need to register the application via the i-Akaun (Employer) and keep the completed Borang KWSP 17A (Khas 2022) form as a record.

Kindly follow these steps to register the application for 2021 via i-Akaun:

1. Visit i-Akaun Majikan and enter your User ID then click Next.

2. Enter your PASSWORD and click Login.
[Note: Ensure that the Secret Phrase is correct before entering your password]

3. Navigate to Voluntary Excess (VE) on the left side and choose VE (Khas 2022).

[Note: This option is only accessible by Administrator]

4. Click Upload File to upload employees' data using CSV file.

5. Kindly refer to Quick Guide CSV File to provide employees' data in CSV format.

6. Here's an overview for the Quick Guide CSV File. Kindly generate the sample file here.

7. Click on Browse and select the .csv file > Open.

8. Next, tick at the declaration of employer then SAVE to proceed.

9. On the Reference No, click to view the list of employees' data.

10. Lastly, check on the Application Status column to view your submission status.

Source:

https://www.kwsp.gov.my/documents/20126/1481003/User+Guide+VE+KHAS+2021_English+Version.pdf


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