KUALA LUMPUR: The content of a message related to the naming of the beneficiary (nominee/nominees) by an Employees' Provident Fund (EPF) member, which is now viral on the WhatsApp application, is not true.
KUALA LUMPUR: The content of a message related to the naming of the beneficiary by an Employees' Provident Fund member, which is now viral on the WhatsApp application, is not true.
"AmanahRaya, at all times can be appointed as Administrator or Trustee by the courts, Small Estate Office or AmanahRaya itself under the Amanah Raya Corporation Act 1995. According to the statement, an EPF member’s contributions will only be channelled to AmanahRaya when three conditions occur, including if AmanahRaya is appointed as the Administrator of the estate of an EPF member who has died.
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