Previous employer's EPF contribution rate was 6% per month for employees aged 60 and above, while employees were required to contribute 5.5%.
Effective from 2019, the minimum employer's contribution rate of EPF for employees aged 60 and above has been reduced to 4% per month.
Meanwhile, the employee's contribution rate for EPF for this age group will be 0 (zero).
For more detail information, please refer to below link:
http://www.kwsp.gov.my/portal/en/news-listing-page?p_p_id=newslisting_WAR_newshighlightsportlet&p_p_col_count=3&_newslisting_WAR_newshighlightsportlet_jspPage=%2Fdisplay%2Fnews_content.jsp&&_newslisting_WAR_newshighlightsportlet_primaryKey=190201