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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 .
The fund receives contributions from the Federal Government of Malaysia, statutory bodies and local authorities. [1] The contributions are invested by the fund in a mix of equities, bonds, property, private equity and infrastructure, with the investment returns used to finance the government's pension liabilities.
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Notre Dame moved up to No. 2 in The Associated Press women's basketball Top 25 on Monday for the Irish's best ranking since 2019. The Fighting Irish replaced South Carolina in the second spot ...
Condemned South Carolina inmate Brad Sigmon has chosen to die next month by a firing squad.. He would be the first U.S. inmate shot to death in an execution in 15 years. Sigmon is scheduled to die ...
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The arrangement offers a benefit to the employee because the amount so sacrificed does not form part of the taxable income of the employee. For some purposes, however, such contributions are called "reportable superannuation contributions", [ 28 ] and for those purposes they are counted back as a benefit of the employee, such as for calculation ...
“The optimal range, as far as omega-6 to omega-3, is 1:1 to 4:1,” Lorenz says. Simply put, the goal is to emphasize the consumption of omega-3s over omega-6s.