Beginning January 2020, the ministry said the Employees Provident Fund (EPF) contribution could be made via Bank Simpanan Nasional (BSN) cash/debit card through any BSN agent nationwide .
The government also extended the benefits of i-Suri through social security protection under the Social Security Organisation (Socso) with an allocation of RM20 million.
According to the ministry, the total number of members registered since the implementation of the programme from Aug 15, 2018 to Dec 15 2019 was 140,398 and 120,010 or 85.48 per cent of them had contributed to the programme.
The target group that meets the eligibility criteria will be given an incentive of RM40 per month for each voluntary contribution of a minimum of RM5 per month into the EPF account.
A total of RM7.93 million had been allocated for the government incentive from January to June 2019.
TAGS: KPWKM, i-Suri, criteria, eligibility