EPF has confirmed that the dividend policy for the new Account 3 is the same as per Account 1 and Account 2. Of course, things may change in the future.
starting from 11 May 2024. Immediately, many have asked whether the new account structure will affect the dividend policy for EPF members.In its media statement, EPF did not cover this particular question. Similarly, it was not part of the FAQ section on EPF’s official website.
However, we got two confirmations that the Account 3 dividend is the same as per the existing policy. One is a response from EPF itself on its Rest assured that the dividend for Account 3 will be the same as Account 1 and Account 2 .has also said that the Account 3 dividend will be the same as Account 1 and Account 2. Citing EPF’s CEO, Ahmad Zulqarnain Onn, the report also pointed out that things may change in the future given that liquid assets are not usually associated with high interest rates.This is because EPF has consistently provided a much higher dividend rate than Amanah Saham Bumiputera and Amanah Saham Malaysia.
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