by HARIZAH KAMEL / pic by RAZAK GHAZALI
THE Employees Provident Fund (EPF) has announced the criteria and details of the i-Sinar facility which is now open to up to eight million eligible members.
There are two categories. For Category 1, those who are eligible include members who work in the formal sector, self-employed, work in the gig economic sector, who have not contributed for a long time, who have lost their jobs, housewives or who have been given unpaid leave notice.
The criteria for Category 1 are members who have no contribution with the EPF for at least two months consecutively during application and members who are still working but have experienced a reduction in basic salary by 30% and above after March 2020.
No supporting documents required for Category 1 and it will be automatic approval based on EPF internal data. Also, members only need to apply online through isinar.kwsp.gov.my from Dec 21, 2020.
For Category 2, members who are still employed but have experienced an overall income reduction of 30% and above (including reduction in salaries and allowances, or deduction of overtime work claims) after March 2020, for which the reduction can only be identified through the documents provided.
To facilitate the verification process, the EPF needs supporting documents from members, namely salary slip before and after income reduction and notice of termination or deduction of allowances and/or overtime claims.
If the above documents cannot be submitted, any other supporting documents such as bank statements or employer confirmation letters will be considered.
Members can apply online through isinar.kwsp.gov.my starting Jan 11, 2021 for Category 2.
Read our previous report here