Bigger EPF Incentives For The Self-Employed
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The Employees Provident Fund (EPF) has introduced enhanced incentives under its i-Saraan 2026 programme, aimed at encouraging self-employed individuals and gig economy workers to save for retirement.
Under the updated scheme, the Malaysian government will provide a special incentive of 20% on voluntary contributions made through i-Saraan, with a maximum incentive of RM500 per year and a lifetime cap of RM5,000.
In addition, a new initiative known as i-Saraan Plus has been introduced specifically for e-hailing and p-hailing workers. Eligible participants under this category can receive higher government incentives of up to RM600 annually, with a lifetime maximum of RM6,000.
i-Saraan 2026: Eligibility and Benefits
The i-Saraan programme…
