Prime Minister Datuk Seri Anwar Ibrahim has announced that the government plans to mandate Employees Provident Fund (EPF) contributions for all non-citizen workers, with the proposal to be implemented in phases.
During the tabling of Budget 2025 on Friday (Oct 18), Anwar highlighted the need to prepare for Malaysia’s ageing population, noting that EPF is strengthening its intergenerational transfer approach.
He also stated that the government intends to extend tax relief on individual contributions to Private Retirement Schemes and deferred annuity premiums until the 2030 assessment year.
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NewsTranscript
00:00Social protection ensures that as many people as possible are provided with safe and sound
00:07health insurance.
00:09To encourage more non-formal workers and those who do not have a permanent income to save
00:15for health insurance, the KWSP health insurance incentive is increased to 20% compared to
00:23the current 15%.
00:25This is related to the maximum incentive of RM500 or RM5,000 a lifetime.
00:35The AISURI program continues.
00:38This is a request from Dato Razak.
00:42As an incentive through government funding and funding actively from donors.
00:49The Social Worker Safety Scheme itself will cover up to 70% of workers with an incentive
00:56of RM100 million.
00:59Coincidentally, the Social Insurance Program and the Safe Protection Scheme are continued
01:07with the cooperation of the State Bank Industry Insurance.
01:11The Social Worker Safety Scheme will cover up to 70% of workers with an incentive of RM100
01:18million.
01:19Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
01:24of RM100 million.
01:25Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
01:30of RM100 million.
01:31Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
01:36of RM100 million.
01:37Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
01:44of RM100 million.
01:45Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
01:49of RM100 million.
01:50Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
01:55of RM100 million.
01:56Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:01of RM100 million.
02:02Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:06of RM100 million.
02:07Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:10of RM100 million.
02:11Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:15of RM100 million.
02:16Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:20of RM100 million.
02:21Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:25of RM100 million.
02:26Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:30of RM100 million.
02:31Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:35of RM100 million.
02:36Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:40of RM100 million.
02:41Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:44of RM100 million.
02:45Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:47of RM100 million.
02:48Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:49of RM100 million.
02:50Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:51of RM100 million.
02:52Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:53of RM100 million.
02:54Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
02:55of RM100 million.
03:25Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with
03:26an incentive of RM100 million.
03:27Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
03:28of RM100 million.
03:29Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
03:30of RM100 million.
03:31Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
03:32of RM100 million.
03:33Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
03:34of RM100 million.
03:35Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
03:36of RM100 million.
03:37Coincidentally, the Social Worker Safety Scheme will cover up to 70% of workers with an incentive
03:38of RM100 million.