Daily HR News 16.2.2025

Govt urged to consider tiered EPF contribution rate for foreign workers

The reduction of the Employees Provident Fund (EPF) contribution rate for foreign workers from 12% to 2% raises concerns about financial security and social protection, says Tenaganita. While businesses welcome the move, the NGO warns it marginalizes migrants, increases economic vulnerability, and risks Malaysia’s global reputation. A gradual, tiered approach is suggested for fairness.

Source: https://www.thestar.com.my/news/nation/2025/02/16/govt-urged-to-consider-tiered-epf-contribution-rate-for-foreign-workers