EPF Calculator

The Employees Provident Fund (EPF) has introduced significant policy shifts designed to strengthen retirement adequacy. From the mandatory inclusion of foreign workers to new voluntary “top-up” facilities, staying compliant requires up-to-the-minute accuracy.

At Accounting.my, we ensure your payroll and personal contributions align perfectly with the Third Schedule of the EPF Act 1991.

Contact Us

Malaysia EPF Calculator

accounting.my white background logo
EPF malaysia

Why Choose Us for Your EPF Management?

Managing the transition to mandatory foreign worker EPF and the new 2026 RIA framework is complex. We provide:

  1. Automated Compliance: We verify your payroll rounding and salary thresholds (RM5,000 employer shift) to avoid late payment charges (minimum RM10).

  2. Foreign Worker Management: Streamlined guidance on the new automatic registration process for pass holders and record updates.

  3. Advisory Services: Helping self-employed individuals maximize the government’s 20% matching incentive (up to RM600 annually) under the new i-Saraan Plus scheme.

EPF Calculation Cohorts

Calculating your EPF contributions in 2026 requires identifying which of the four distinct “cohorts” you fall into.

Since late 2025, Malaysia has moved away from a one-size-fits-all model, particularly with the introduction of mandatory contributions for foreign workers.

  • Employee Contribution: 11% of your monthly gross salary.

  • Employer Contribution: * 13% if your salary is RM5,000 or below.

    • 12% if your salary is above RM5,000.

Calculation Rule: For salaries up to RM20,000, you must not use exact percentages. Instead, refer to the Third Schedule (Part A) Wage Range table. All final amounts must be rounded up to the next ringgit.

As of October 2025, EPF is mandatory for non-Malaysian employees (excluding domestic workers).

  • Employee Contribution: 2% of monthly wages.

  • Employer Contribution: 2% of monthly wages.

  • Rounding: Like other cohorts, contributions must be rounded up to the nearest ringgit.

Optional Upgrade: Foreign workers can choose to increase their rate back to 11% by submitting a request via their employer’s i-Akaun portal.

Contribution rates are significantly reduced to encourage the retention of senior talent in the workforce.

  • Employee Contribution: 0% (optional to contribute, but not mandatory).

  • Employer Contribution: * Malaysians: A flat 4% regardless of salary level.

    • Permanent Residents (PR): 6.5% if the salary is RM5,000 or below; 6% if it exceeds RM5,000.

Individuals in the gig economy (e.g., e-hailing, freelancers) do not have a mandatory rate but can use specialized facilities.

  • i-Saraan Plus: Designed for e-hailing/p-hailing drivers, offering a 20% government matching incentive (up to RM600 annually).

  • i-Topup: Allows any employee to voluntarily contribute more than the statutory minimum to accelerate their savings.

3 Types of EPF Benefit in Malaysia

Accounting my logo

Retirement Benefits (Akaun Persaraan)

This is your “protected” fund (formerly Account 1), where 75% of your monthly contributions are kept. Its primary purpose is to ensure you have enough to live on during your old age.

  • Fixed Savings: Funds in this account cannot be withdrawn until you reach age 55.
  • Target Benchmarks: Under the 2026 RIA Framework, EPF provides three targets to help you plan: Basic Savings (RM390,000), Adequate (RM650,000), and Enhanced (RM1.3 million).
  • Investment Growth: You can use a portion of these funds for the Members Investment Scheme (MIS) to grow your retirement pot further through approved fund managers.
Accounting my logo

Pre-Retirement Lifestyle Benefits (Akaun Sejahtera)

Formerly Account 2, this account receives 15% of your monthly contributions. It is designed to support major life milestones that contribute to your overall well-being before you retire.

  • Housing & Education: You can withdraw funds to buy or build your first home, reduce a housing loan, or pay for education fees for yourself or your children.
  • Health & Hajj: In 2026, the Hajj withdrawal limit has been increased to RM10,000. You can also use this account to pay for medical expenses for critical illnesses or even subscribe to basic health insurance plans.
  • Age 50 Withdrawal: When you turn 50, you are allowed a one-time partial withdrawal from this account to help with pre-retirement transition costs.
Accounting my logo

Emergency & Cash Flow Benefits (Akaun Fleksibel)

Introduced in mid-2024 and now fully integrated into 2026 payroll, this is your “rainy day” fund. It receives 10% of your monthly contributions.

  • Instant Access: Unlike the other accounts, you can withdraw from Akaun Fleksibel at any time for any reason (minimum RM50).
  • No Documents Required: There is no need for proof of "emergency"—it acts like a secondary savings account for short-term financial needs.
  • High-Balance Flexibility: For members with over RM1.1 million in total savings (the 2026 threshold), you gain additional flexibility to withdraw excess funds from this account to manage your own wealth

Who Needs to Contribute to EPF?

employee
Private Sector Employees

If you are working under a Contract of Service or Apprenticeship in the private sector, EPF contribution is compulsory.

workers
Foreign Workers & Expatriates

EPF is now mandatory for almost all non-Malaysian citizens working in Malaysia.

self employ
Self-Employed (Voluntary)

While not mandatory, these groups are strongly encouraged to join through specialized programs.

For domestic workers, they do not need to pay EPF.

Testimonials

Before this, our salon only got walk-ins from regular Johoreans. After 6 months with this SEO agency, people across the causeway start calling us for bookings and they say they found us on Google when they search ‘hair salon near KSL City Mall’. So really happy.
AisyahSalon Owner, Johor Bahru
Last time we spend too much on Shopee ads, everyday burn money. When we approach Rankpage, they say they will optimise our site. Now our own website got lots of sales because they found us through our blogs. More stable, less cashflow problems.
JasonE-Commerce Retailer, Selangor
Honestly I thought SEO marketing is just for big companies, but these guys explained step by step and very clearly. Within a few months, our firm’s website started showing and we’re getting calls and referrals.
Mr. TanAccounting Partner, Penang

Frequently Asked Questions

Your contributions are split into three “buckets”: Akaun Persaraan (75%) for retirement, Akaun Sejahtera (15%) for life needs like housing or education, and Akaun Fleksibel (10%) which allows you to withdraw funds anytime for emergencies.

Yes. Through the i-Topup (Voluntary Excess) facility, you or your employer can choose to contribute at a higher rate than the statutory requirement to grow your savings faster.

At age 55, your savings from all three accounts are consolidated into Akaun 55. You can choose to withdraw the full amount, make partial withdrawals, or switch to a monthly payment plan to act as a pension.

Not all. While basic salary, bonuses, and commissions are subject to EPF, certain payments like overtime (OT), travel allowances, and service charges (tips) are exempted from EPF deductions.

The easiest way is through the i-Akaun mobile app or web portal. You can view your real-time contribution history and download your latest statement to ensure your employer is remitting the correct amounts by the 15th of every month.

Absolutely. Self-employed individuals and gig workers can join the i-Saraan program. This allows you to make voluntary contributions and receive additional government matching incentives to help secure your retirement.

Let’s talk on WhatsApp!