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Employees' Provident Fund (EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia .
Pendatang asing, orang pendatang or pendatang is a common Malay phrase used to refer to foreigners or immigrants; pendatang asing literally means foreign comer or foreign immigrant. Although most frequently used to refer to foreign immigrants, especially illegal immigrants , pendatang asing has been used by some politicians in Malaysia as ...
The fund receives contributions from the Federal Government of Malaysia, statutory bodies and local authorities. [1] The contributions are invested by the fund in a mix of equities, bonds, property, private equity and infrastructure, with the investment returns used to finance the government's pension liabilities.