1st Schedule Of The Epf Act 1991
This is the details of epf act 1991 act 452 third schedule.
1st schedule of the epf act 1991. Employee provident fund epf kwsp epf act 1991 act 452 third schedule free download as pdf file pdf text file txt or read online for free. Act 452 employees provident fund act 1991 an act to provide for the law relating to a scheme of savings for employees retirement and the management of the savings for the retirement purposes and for matters incidental thereto. Amendment of third schedule 2.
This act shall come into force on such date as the minister may by notification in the gazette appoint. Employer will need to refer to the act for new contribution based on 8 year 2009 2010. These include i all domestic servants unless they fall within certain exceptions ii any person detained in prison iii any person who is a member of the administration as defined under article 160 of the federal constitution and iv any person who has attained the age of seventy five.
2 where the minister amends the first schedule under section 74 by deleting any paragraph thereof any employer or group of employers who before the date on which the order comes into force has established a provident fund or other scheme for the benefit of all or of a group of his or their employees of the description specified in that paragraph shall within such period as the board may in. Except for the persons mentioned in the 1st schedule of the epf act 1991 an employer shall be liable to pay epf contributions in respect of any person whom he has engaged to work under a contract of service or apprenticeship and includes. Epf temerloh now in new location starting from 21 sept.
This act may be cited as the employees provident fund act 1991. The epf claims that the lowered dividend is the result of its decision to invest in low risk fixed revenue instruments which produce lower returns but maintains the principal value of its members contributions. B 264 1991 be it enacted by the seri paduka baginda yang di pertuan.
Legally the epf is only obligated to provide 2 5 dividends as per section 27 of the employees provident fund act 1991. In this regard the first schedule of the epf act lists down individuals who do not count as employees. 2 this order comes into operation on 1 june 2004.
Revision of laws rectification of employees provident fund act 1991 order 2003. Part time temporary and probationary employees. Employees provident fund amendment.
The employees provident fund act 1991 is amended by. No 128b gf 1f and 2f and no 128a gf persiaran damai 1 damai court 28000 temerloh pahang. Employees provident fund amendment of first schedule and third schedule order 1998.
Provident fund act 1991 act 452 the minister makes the following order. 1 june 1991 p u.