Employees Provident Fund (Malaysia)

Employees Provident Fund (EPF)

Kumpulan Wang Simpanan Pekerja (KWSP)
Menara KWSP, EPF's headquarters in Kwasa Damansara, Selangor.
Statutory body overview
Formed	1 October 1951; 73 years ago (1951-10-01)
Preceding Statutory body	Employees Provident Fund Board (1951)
Jurisdiction	Government of Malaysia
Headquarters	Menara KWSP, Kwasa Damansara, 40150, Shah Alam, Selangor. Malaysia
Employees	5610
Statutory body executives	Ahmad Badri Mohd Zahir, Chairman Ahmad Zulqarnain Onn[1], Chief Executive Officer
Parent ministry	Ministry of Finance
Key document	EPF Act 1991
Website	www.kwsp.gov.my

Employees Provident Fund (EPF)

EPF Logo
Menara KWSP, EPF's headquarters in Kwasa Damansara, Selangor.
Native name	كومڤولن واڠ سيمڤنن ڤكرجا
Romanized name	Kumpulan Wang Simpanan Pekerja (KWSP)
Company type	Statutory body
Predecessor	Employees Provident Fund Board (1951)
Founded	1 October 1951; 73 years ago (1951-10-01)
Headquarters	Menara KWSP, Kwasa Damansara, 40150, Shah Alam, Selangor. Malaysia
Key people	Ahmad Badri Mohd Zahir (Chairman) Ahmad Zulqarnain Onn[2](Chief Executive Officer)
Revenue	RM 51.91 billion (2022) RM 67.73 billion (2021)
Net income	RM 48.73 billion (2022) RM 64.43 billion(2021)
Total assets	RM 1.008 trillion (2022) RM 1.012 trillion (2021)
Number of employees	5610
Parent	Ministry of Finance
Website	www.kwsp.gov.my

Employees' Provident Fund (EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. Membership of the EPF is mandatory for Malaysian citizens employed in the private sector, and voluntary for non-Malaysian citizens.