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A study on public awareness and perception towards employees provident fund monthly payment withdrawal scheme / Ismail Taha

According to the study done by EPF in 1994, 70% of the EPF members had exhausted their EPF saving with in 3 years after retirement, the Board of EPF feels that their contributors should be better protected for the rest of their life after they have retired, therefore the EPF management have introduc...

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Main Author: Taha, Ismail
Format: Student Project
Language:English
Published: 2003
Subjects:
H Social Sciences (General)
HG Finance
Financial management. Business finance. Corporation finance
Online Access:https://ir.uitm.edu.my/id/eprint/69155/1/69155.pdf
https://ir.uitm.edu.my/id/eprint/69155/
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spelling my.uitm.ir.691552022-11-09T04:54:47Z https://ir.uitm.edu.my/id/eprint/69155/ A study on public awareness and perception towards employees provident fund monthly payment withdrawal scheme / Ismail Taha Taha, Ismail H Social Sciences (General) HG Finance Financial management. Business finance. Corporation finance According to the study done by EPF in 1994, 70% of the EPF members had exhausted their EPF saving with in 3 years after retirement, the Board of EPF feels that their contributors should be better protected for the rest of their life after they have retired, therefore the EPF management have introduced Monthly Payment Withdrawal Scheme (MPWS) in July 2002. MPWS is an optional plan, which is available to all EPF contributors who have sufficient amount of savings. This scheme allows them to opt for their EPF saving to be paid monthly instead of a lump sum payment (Conventional Scheme) paid at the age of 55 years old. Under this scheme EPF will pay the minimum of RM 100 in respect of a minimum saving in MPWS RM24000 for the period of 20 years. Apart from that, members are guaranteed of dividend not less than 2%. This study has tried to obtain the level of awareness among the EPF contributors towards the MPWS, their knowledge, understanding and how do they perceive scheme. 2003 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/69155/1/69155.pdf A study on public awareness and perception towards employees provident fund monthly payment withdrawal scheme / Ismail Taha. (2003) [Student Project] (Unpublished)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic H Social Sciences (General)
HG Finance
Financial management. Business finance. Corporation finance
spellingShingle H Social Sciences (General)
HG Finance
Financial management. Business finance. Corporation finance
Taha, Ismail
A study on public awareness and perception towards employees provident fund monthly payment withdrawal scheme / Ismail Taha
description According to the study done by EPF in 1994, 70% of the EPF members had exhausted their EPF saving with in 3 years after retirement, the Board of EPF feels that their contributors should be better protected for the rest of their life after they have retired, therefore the EPF management have introduced Monthly Payment Withdrawal Scheme (MPWS) in July 2002. MPWS is an optional plan, which is available to all EPF contributors who have sufficient amount of savings. This scheme allows them to opt for their EPF saving to be paid monthly instead of a lump sum payment (Conventional Scheme) paid at the age of 55 years old. Under this scheme EPF will pay the minimum of RM 100 in respect of a minimum saving in MPWS RM24000 for the period of 20 years. Apart from that, members are guaranteed of dividend not less than 2%. This study has tried to obtain the level of awareness among the EPF contributors towards the MPWS, their knowledge, understanding and how do they perceive scheme.
format Student Project
author Taha, Ismail
author_facet Taha, Ismail
author_sort Taha, Ismail
title A study on public awareness and perception towards employees provident fund monthly payment withdrawal scheme / Ismail Taha
title_short A study on public awareness and perception towards employees provident fund monthly payment withdrawal scheme / Ismail Taha
title_full A study on public awareness and perception towards employees provident fund monthly payment withdrawal scheme / Ismail Taha
title_fullStr A study on public awareness and perception towards employees provident fund monthly payment withdrawal scheme / Ismail Taha
title_full_unstemmed A study on public awareness and perception towards employees provident fund monthly payment withdrawal scheme / Ismail Taha
title_sort study on public awareness and perception towards employees provident fund monthly payment withdrawal scheme / ismail taha
publishDate 2003
url https://ir.uitm.edu.my/id/eprint/69155/1/69155.pdf
https://ir.uitm.edu.my/id/eprint/69155/
_version_ 1751539933402628096
score 13.211869

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