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2009-03-17

Finally EPF give out 4.5 per cent dividend for its members

Finally EPF give out 4.5 per cent dividend for its members and blamed the lower rate of returns on the global financial crisis. The state pension fund had declared 5.8 per cent in 2007 when it just earned RM18.29 billion. In 2008, its gross income jumped 9.36 per cent for EPF to record its highest ever earnings of RM20 billion but we only get 4.5%.

Vary likely EPF fund have been use by government to benefit some people, get any profit they will have 1st when come to down turn EPF need to buy their useless share and we will pay the loss. I think with this dividend, I can get more in my share investment profile and if I buy gold ever months with the amount of money to EPF, I sure can get better that this.

Anyway, we only can writen in blog, thing never change EPF money we still need to paid. We vote a new goverment but they can use ours money to paid them to jump cross over.

1 comments:

FreelyTrader March 17, 2009 at 9:29 PM  

nothing we can complain also since the interest still higher than FD.

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