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EPFO is a social security organization that regulates and manages provident funds, pension schemes and insurance for workers in India. The full form of EPFO is Employees' Provident Fund Organisation, established in 1952 under the Ministry of Labour and Employment.
Learn about the history, functions, and dividends of the EPF, a federal statutory body that manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. The EPF has 13.6 million members and RM 998 billion in assets as of 2020.
Employees Provident Fund or Employees' Provident Fund refer to: Employees' Provident Fund Organisation, in India; Employees Provident Fund (Malaysia)
Employees and employers each contribute 12% of the worker’s salary to the Employees' Provident Fund Organisation (EPFO). Though the process seems to raise many questions, given the astounding ...
Provident fund is another name for pension fund that provides employees with lump sum payments at the time of exit from their place of employment. Learn about different types of provident funds around the world, such as India, Hong Kong, Singapore, Malaysia, Nepal, South Africa, Mexico, Kenya and China.
Amir Hamzah Azizan is a Malaysian corporate figure and politician who became the Minister of Finance II and Senator in December 2023. He was the CEO of the Employees Provident Fund and the son of the former Petronas chairman, Azizan Zainul Abidin.
[3] [4] [5] He also currently is the chairman of Employees Provident Fund (EPF) [6] and sits on the board of directors of Permodalan Nasional Berhad (PNB), Central Bank of Malaysia (BNM), Tabung Haji and the Perbadanan Insurans Deposit Malaysia (PIDM) as an ex officio member.
Learn about the social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. Find out its history, assets, investments and related terms.