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AM I ELIGIBLE TO WITHDRAW UNDER THE COMPUTER WITHDRAWAL SCHEME ?

Under the Computer Withdrawal Scheme, you are allowed to withdraw up to RM3,500 or subject to the balance in your Account II, whichever is lower.

For joint application, you can also withdraw up to RM3,500 only or subject to the balance in the Account II, whichever is lower. Application must be submitted together for joint application.

You are only permitted to withdraw once under this scheme. You are not eligible to apply again where you have withdrawn previously under this scheme.

To apply for withdrawal, you are to submit the KWSP 9K (AHL) Form from appointed dealers, Pos Malaysia Berhad or Bank Simpanan Nasional, together with the relevant documents.

Once your application is approved, the dealer will deliver the computer to you.

HOW MUCH CAN I WITHDRAW UNDER THE MEMBERS' INVESTMENT SCHEME ?

The Members' Investment Scheme allows members with more than RM55,000 in their Account I to invest up to 20% of the excess in approved unit trusts funds.

The minimum amount for investment is RM1,000.

The amount you can withdraw can be calculated using the formula below :

(Balance in Account I - Amount above RM55,000 in Account I) X 20%

You can withdraw for a second time, three months after the first withdrawal.

However, in any withdrawal, your must have a minimum savings of RM55,000 in your Account I.

You can only invest your savings in unit trusts funds approved by the Ministry of Finance.

You should note that EPF does not take any responsibility for investment made by you.

To withdraw, you have to obtain the Statement of Account and submit the KWSP 9F (AHL) Form for investment purposes.

There are currently 33 approved Fund Managers :

Fund Manager
Mayban UBS Asset Management Sdn Bhd Mayban Management Bhd
Kuala Lumpur Mutual Fund Bhd Amanah Saham Sarawak
Perdana Merchant Bank Bhd Amanah Merchant Bank Bhd
Rashid Hussain Asset Management Sdn Bhd Permodalan BSN Bhd
Amanah Saham Nasional Berhad - ASN2 BHLB Asset Management Bhd
HLG Asset Management Sdn Bhd Asia Unit Trust Bhd
Utama SSSB Unit Trust Management Bhd TA Unit Trust Management Bhd
Jardine Fleming Apex Unit Trust Bhd Philip Capital Management Sdn Bhd
Affin Fund Management Sdn Bhd AMMB Asset Management Sdn Bhd
Arab-Malaysia Unit Trust Bhd SBB Asset Management Sdn Bhd
BBMB Unit Trust Management Bhd Pacific Mutual Fund Bhd
Bumiputra Merchant Bankers Bhd Lembaga Tabung Haji
BHLB Pacific Trust Management Sdn Bhd RHB Unit Trust Management Bhd
Commerce-BT Unit Trust Management Bhd SBB Unit Trust Management Bhd
ASM Mara Unit Trust Management Bhd HLB Unit Trust Management Bhd
OSK-UOB Unit Trust Management Bhd MBF Unit Trust Management Bhd
MIMB Aberdeen Asset Management Sdn Bhd  



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