# EPF Member's Investment Scheme

Since November 1996, all eligible EPF contributors are allowed to withdraw part of their savings from their Account 1 at EPF to invest in unit trusts through external investment managers appointed by the Ministry of Finance.

Effective 1 February 2008, EPF has implemented a new investment withdrawal concept called Basic Savings Concept (BSC). The BSC requires each EPF member to set aside a certain amount of money in Account 1 according to the age. Then, only 20% of the excess savings in Account 1 can be withdrawn for investing in unit trusts funds. The minimum investment amount per transaction is RM1,000 and each member can make withdrawal for investment at intervals of three(3) months from the last disbursement date, subject to the availability of the Basic Savings required in Account 1. Below is a BSC schedule in Account 1 for the various age levels.

Required Basic Savings in Account 1

 Age Basic Saving (RM) Age Basic Saving (RM) 18 1,000 37 34,000 19 2,000 38 37,000 20 3,000 39 41,000 21 4,000 40 44,000 22 5,000 41 48,000 23 7,000 42 51,000 24 8,000 43 55,000 25 9,000 44 59,000 26 11,000 45 64,000 27 12,000 46 68,000 28 14,000 47 73,000 29 16,000 48 78,000 30 18,000 49 84,000 31 20,000 50 90,000 32 22,000 51 96,000 33 24,000 52 102,000 34 26,000 53 109,000 35 29,000 54 116,000 36 32,000 55 120,000

Examples for Calculation of Eligible Investment Amount Based on BSC

 Member Age Savings in Account 1 (RM) Required Basic Savings (RM) Computation: Savings in Account 1 – Required Basic Savings x 20% Member’s Eligibility A 22 4,000 5,000 / Not Eligible Savings in Account 1 is less than the required basic savings. B 22 8,000 5,000 8,000 – 5,000 x 20% = RM600 Not Eligible The eligible investment amount is less than the minimum requirement of RM1,000. C 35 40,000 29,000 40,000 – 29,000 x 20% = RM2,200 Eligible Eligible investment amount: RM1,000 (minimum) & RM2,200 (maximum). D 34 150,000 64,000 150,000 – 64,000 x 20% = RM17,200 Eligible  Eligible investment amount: RM1,000 (minimum) & RM17,200 (maximum). E 55 125,000 12,000 125,000 – 120,000 x 20% = RM1,000 Eligible  Eligible investment amount: RM1,000.