Lowest EPF dividend since 2008 - 5.45% for conventional savings, 5% for syariah

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The pension fund said that the payout amounted to RM41.68bil and RM4.14bil respectively for both the savings.

The EPF said that its overall investment assets grew to RM924.75bil as it experienced a 2.8% growth in membership to 14.6 million while its registered employer base expanded by 3% to 522,300 employers.Chief executive officer Alizakri Alias said that as anticipated, there was substantially more volatility in 2019 as compared to 2018.

"Nonetheless, our Strategic Asset Allocation and decision-making structure provides a robust system that guides and shields us from the storms. Thanks to this we fulfilled the mandate from our members of preserving and growing their capital, and we are pleased to deliver results which have turned out better than we had initially projected.

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