RM20m for first phase of Suri Incentive programme: DPM
The Sun Daily
August 08, 2018
The first phase of the Employees Provident Fund (EPF) for housewives programme, also known as “Suri Incentive” programme, will receive RM20 million from the government, according to Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail.
The first stage will begin from Aug 15 till year-end, Wan Azizah said at a press conference in conjunction with the EPF International Social Security Conference 2018 today.
EPF CEO Datuk Shahril Ridza Ridzuan said the first stage of the programme will be targeted at the nation’s e-Kasih registrants. At present, there are about 359,065 registrants including divorced women and widows.
“Our branches will be working with the government to reach out to the intended recipients,” Shahril said.
Established in 2007, e-Kasih is a needy family’s database system that aims to support the planning, implementation and monitoring of the poverty program for those in the bottom 40% (B40) category.
According to the government’s web portal, those who are entitled to register and enlisted into e-Kasih are households who earn less than RM1,000 a month at rural areas and RM1,500 at urban areas.
EPF for housewives scheme yet to be finalised, says Wan Azizah
New Strait Times
June 07, 2018
KUALA LUMPUR: The government has yet to finalise the mechanism which will enable housewives to be given a two per cent contribution of their husbands’ monthly Employees Provident Fund (EPF) contribution.
Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said that were several technical matters to consider including laws related to the fund before the Pakatan Harapan pledge could take off.
“I have met with them (EPF chief executive officer Datuk Shahril Ridza Ridzuan) and I am happy with the outcome of the meeting.
“There is however a small issue. Based on Section 51 of the EPF Act, the (11 per cent) contribution by employees cannot be touched.
“They now have a 1Malaysia Retirement Scheme that husbands can choose to give their wives up to RM250 a year.”
“As such we have to find an appropriate scheme and how to go about giving housewives (this additional contribution). I have spoken to the Finance Minister (Lim Guan Eng) and informed him that the Act has to be looked into first,” she told the media after visiting the National Population and Family Development Board, on Thursday.
It was earlier reported that the government and the EPF were discussing the scheme’s possible implementation, which forms part of Pakatan Harapan’s ‘10 pledges in 100 days’ manifesto.
It is also looking at how ‘house husbands’ and polygamous households fit into the scheme.
The government had earlier suggested channeling two per cent of the husband’s monthly contribution to EPF to housewives while the government tops up the contribution up with RM50 each month.
Meanwhile Dr Wan Azizah said she had met the Auditor-General on the audit of the Permata programme and on the government’s end, everything appeared to be in order.
She however said that internal audits would have to be done by agencies which received funding for the projects.
“Among the institutions in question is Universiti Kebangsaan Malaysia. They all will have to do these audits to ensure there is no misappropriation of funds,” said Dr Wan Azizah.
Asked if there was a deadline set for the reports submission, she merely replied that it would be looked into after Hari Raya.
Dr Wan Azizah had earlier announced that the programme would be put under review. The programme was also recently transferred to the Education Ministry.
In October last year, former prime minister Datuk Seri Najib Razak said that the programme, which was formerly under his department, would get an annual allocation of RM54.3 million for 2018, up nearly 20 per cent from RM45.3 million the previous year.
Meanwhile, Dr Wan Azizah said the National Family Policy (DKN) would be further empowered by the National Family Advisory and Consultative Council (MPPKN) to further strengthen the country’s family institution in facing future challenges.
Dr Wan Azizah, who is also Women, Family and Community Development Minister, said the DKN will be discussed in greater detail via the MPPKN which will convene for the time in August.
“MPPKN will include experts in various family-related fields involving 15 representatives from government agencies and NGOs.
“Among the main items to be discussed are reviewing the DKN by taking into account the challenges which will be faced by families now and in the future.
“This includes marriage, divorce, the wellbeing of the youth, strengthening family values, declining fertility rates and the ageing population,” she said.
Dr Wan Azizah said the government will also study whether it will continue the Amanah Dana Anak Malaysia (ADAM50) initiative for Malaysian babies born from January 1, 2018 to December 31, 2022.
ADAM50, introduced by the previous government, provides an early saving plan of RM200 for each baby born in that period.
In-Progress: EPF contributions for housewives
Postponed: Employees Provident Fund contributions for housewives and increasing the minimum wage
The Sun Daily
June 02, 2018
KUALA LUMPUR: The delay in the implementation of five Pakatan Harapan (PH) pledges protects the integrity of the budget deficit and contain it to the target of 2.8% of GDP.
Asli Centre of Public Policy Studies Chairperson, Tan Sri Ramon Navaratnam, said the budget should be implemented in a pragmatic manner to reflect current economic and financial realities, which includes the new zero-rated Goods and Services Tax that reduced budget revenue.
"Debt management will improve considerably with the postponement of these five pledges.
"The estimated RM1 trillion debt will now be more manageable by international financial standards, including the World Bank and the International Monetary Fund," he told Bernama.
On Thursday, the PH government decided to postpone the implementation of five of the initiatives contained in its '10 Promises in 100 Days' election manifesto until the country's financial situation recovers.
These included Employees Provident Fund contributions for housewives and increasing the minimum wage.
In-Progress: EPF contributions for housewives postponed
Wan Azizah: Housewives To Get 2% Of Husband’s Salary For Own EPF Account Soon
May 25, 2018
“I will be meeting up with EPF chief executive officer Datuk Shahril Ridza Ridzuan next week to discuss an action plan to allow housewives to make contributions.”
She noted that due consideration must be given to the proposal under Pakatan Harapan’s 100-day manifesto promise as it will involve the proposed 2% monthly contributions by husbands, including RM50 from the Government.
Implementing EPF scheme for housewives
May 10, 2018
The Pakatan Harapan Government in fully understanding the needs of housewives will guarantee and protect the welfare and rights of mothers.
As a first step towards this, the Pakatan Harapan Government will introduce EPF schemes for housewives. A nominal 2% contributions from their husbands’ EPF will be diverted for this purpose. This will not be burdensome to their husbands.
In addition, RM50 monthly will be contributed by Pakatan Harapan Government to the housewives’ EPF scheme.They can make withdrawals in stages to ensure long-term savings.In short, the welfare of mothers will be maintained by the immediate family members (their husbands) until the end of their life.