VBlog #48: EPF New Rule... Malaysia Will Writing & Online Rockwills Estate Planning Professional Blog - 12 Aug , 2010
http://www.malaysiawills.com Evanna Video Blogs on the email she received on EPF new ruling. The misleading Email is in the below link
All her myth buster comes from two reliable source,
1. Senior GM of Rockwills Corp, Mr. Lim SP
2. General Manager of EPF (Public Relations), En. Nik Affendi Jaafar
Full answers are in this link below:
However, I just summarize it with bullet points.
myth #1: If one of your nominees pass away, your entire EPF nomination list goes VOID
myth buster#1: Not true, only the portion of the deceased nominee is invalid, the other nominee will still receive their share
myth #2: If your EPF nomination goes VOID, All your EPF money will go to Amanah Raya within 3 working days
myth buster#2: Not true, there's a format applies if your EPF money is above or below RM 25k. click here to see the details.
myth #3: If you want to change your EPF nomination, you must provide the Death Certificate of your nominee
myth buster#3: Not True, all you need is to fill up a new EPF nomination Form. Can be found in the link here. http://www.kwsp.gov.my/index.php?hdl=bin&rp=358
For MalaysiaWills Customers, I'll submit their EPF nomination for FREE because my house is just next to the EPF headquarters in Jalan Gasing ... haha !!!
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