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Please be aware
.. Nothing comes easy not even our own money. Got to fight for everything.
Alert
: NEW EPF RULES
If ONE (1) of your Nominees in the EPF Nominees list dies,
automatically the whole arrangement (EPF Nominees list) is VOID ..
Meaning if, you only put in One (1) name & unfortunately he/she
dies before you - automatically EPF will channel your EPF money to
trustee of AMANAH RAYA upon your death.
Even though if you have few names in the EPF Nominees list, - the whole
arrangement is VOID & none of the individual names left in the EPF
Nominees list will get their portion & automatically EPF will
channel your EPF money to trustee of AMANAH RAYA upon your death.
Piece of advice - if any of the your Nominees in the EPF Nominees list
dies, please do immediately approach the nearest EPF counter &
present the Death Certificate of the individual & register your NEW
/ LATEST Nominee in the EPF Nominees list + NEW / LATEST percentage .
If, you & the other party (maybe spouse) involved in the same
misfortune (accident / illness) that caused death to both yourself /
spouse please, please, please alert your siblings / relatives / parents
to immediately approach the nearest EPF counter & share the
information within 3 days to AVOID all EPF money to be surrendered to
trustee of AMANAH RAYA .
Upon surrender to trustee of AMANAH RAYA, your children will have to
battle the money thru 3 channels;
Majlis Agama
Pejabat Tanah
Mahkamah
The normal period via above 3 channels usually takes 2-3 years (except
if you have inside/tip top connection) at Amanah Raya.
CHOOI & CO
Advocates & Solicitors
Level 23 Menara Dion
No. 27 Jln Sultan Ismail
50250 Kuala Lumpur , Malaysia
GEN Tel: +60-(0)3-2055 3888
GEN Fax: +60-(0)3-2055 3880/1
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