EPF declared 5.2% (conventional) / 4.9% (shariah) dividend for 2020

After a long time waiting, the Employees Provident Fund (EPF, a.k.a. KWSP) has finally declared the dividend rate for financial year 2020.

For year 2020, the dividend declared for conventional account is 5.2% while for Shariah account is 4.9%. The dividend has already credited into members' account, and you can check for it by login into your EPF i-Account.

Year 2020 was the 4th year of dividend declaration for Shariah account, while dividend for conventional account has been declared annually since 1952. The dividend for Shariah account in all the years from 2017 to 2020 were lower than the dividend for conventional account of the same year.

The 5.20% dividend for EPF conventional account in 2020 is 4.59% lower than the 5.45%  dividend declared for 2019 (last year).

Calculation: (5.20-5.45)/5.45 = -0.25/5.45 = -4.59%

It is 6.12% higher than the 4.90% Shariah dividend declared for the same year.

Calculation: (5.20-4.90)/4.90 = 0.30/4.90 = 6.12%

The table below shows the historical EPF dividend payout rate since 2000, for you to judge yourself whether the dividend payout rate in 2020 is satisfactory or not.

How to register for COVID-19 vaccination using MySejahtera mobile app

You can now register for COVID-19 vaccination in Malaysia using MySejahtera mobile app.

Before you start, make sure you have already updated the MySejahtera app in your phone to the latest version, which should be Version 1.0.29 (dated 24 Feb 2021) or above.

After opening the MySejahtera app, tap on the Close button at the top right corner to enter its main screen.

Then, tap on COVID-19 Vaccination for the registration.

On the next screen, you should be able to see "Vaccine for <your name>". Tap on it.

On the next screen, remember to tap on CLICK HERE to fill up the form. Do not tap on the Close button without filling up the form.

Fill in the questionnaire, and your registration will complete when you are able to see the Thank You screen as below.

Now, you just need to wait for your vaccination appointment message for the next course of action.

You might want to repeat the same process above for your family members registered in your MySejahtera app. Just select their name and fill up the questionnaire for them to complete their vaccination registration.

PTPTN announced 2020 dividend for SSPN-i and SSPN-i Plus

The Malaysia National Higher Education Fund (Perbadanan Tabung Pendidikan Tinggi Nasional, PTPTN) has just announced dividend for year 2020 for the education savings schemes SSPN (Skim Simpanan Pendidikan Nasional, consists of SSPN-i and SSPN-i Plus) on 23 February 2021.

The 2020 SSPN dividend payout rate is 4%, amounting to RM201.3 million. This rate is the same as previous payout for 2015-2019.

This 4% dividend has already been credited into our SSPN accounts respectively on 24 February 2021.

In 2020, the amount of deposits in  SSPN was RM1.99 billion, with 436,101 new accounts opened by depositors.

According to PTPTN, the number of SSPN accounts opened to date is 4.82 million.

Historical SSPN-i dividend payout rate is as below:

·   2020: 4.00%

·   2019: 4.00%

·   2018: 4.00%

·   2017: 4.00%

·   2016: 4.00%

·   2015: 4.00%

·   2014: 4.25%

·   2013: 4.25%

·   2012: 4.25%

·   2011: 3.75%

·   2010: 3.25%

·   2009: 2.50%

·   2008: 4.00%

·   2007: 4.00%

·   2006: 4.00%

·   2005: 4.00%

·   2004: 3.00%

You can proceed to the Online SSPN-i Statement of Account website to check the transactions and amount of savings in your kid's SSPN account.

You are also highly encouraged to read about Online paying PTPTN / SSPN-i with credit card through Boost.