1. EMPLOYEES
PROVIDENT
FUND
Types of Withdrawal Scheme

2. EPF Accounts Health Pre-retirement Retirement Acc. 3 10% Acc. 2 30%
60%
Acc. 2
30%
Acc. 3
10%
Health
Retirement
Pre-retirement

3. 60 % 10 % 30 % 100 % WITHDRAWAL SCHEME ACCOUNTS 1 ACCOUNTS 3
Retirement
Investment
60 %
ACCOUNTS 3
Medical
10 %
ACCOUNTS 2
Housing
Reducing / Redeeming Housing Loan
Age 50 Years
Education
Computer
30 %
ALL SAVINGS
Physical or Mental Incapacitation
Leaving Malaysia
Death
100 %

4. INVESTMENT WITHDRAWAL ( ACC 1 )
This scheme allows members with more than RM55,000 in their Account I (Retirement Account) to
invest a portion of their savings in fund management companies approved by the Ministry of Finance.
The minimum amount that can be invested is RM1,000.
How much can you withdraw?
An example (For first time withdrawals)
Case I (RM) Case II (RM)
Balance in Account I , ,000
Total savings above RM50,000 in Account I (Y) 50, ,000
20% x (Y) ,000 1,000
Amount allowed for investment 10,000 1,000
New balance in Account I 90, ,000
A member can withdraw for a second time, three months after the first withdrawal.
In the above case, the member in Case II cannot withdraw since his balance of RM54,000 is
below the required RM55, However, the member in Case I can still withdraw money to
invest in the unit trust.
The amount that can be withdrawn is shown below:
Balance in Account I 90,000
Total of savings amounting to more than 40,000 (90,000-50,000)
RM 50,000 in Account I (Y)
20% x (Y) 8,000
Balance of account 82,000
The amount that can be withdrawn by the member in Case 1 is RM8,000.00, and he or she can further withdraw
20% every three months until his balance reaches RM55,000.

5. INVESTMENT WITHDRAWAL ( ACC 1 )
Approved Fund Managers
1. Mayban Investment Management Sdn Bhd
2. OSK-UOB Unit Trust Management Berhad
3. Kuala Lumpur Mutual Fund Berhad
4. Amanah Saham Sarawak
5. Perdana Merchant Bankers Berhad
6. SBB Unit Trust Management Berhad
7. MIMB Aberdeen Asset Management Sdn Bhd
8. HLB Unit Trust Management Berhad
9.BHLB Asset Management Sdn Bhd
10.MBF Unit Trust Management Berhad
11.Asia Unit Trust Berhad
12.Rashid Hussain Asset Management Sdn Bhd
13.TA Unit Trust Management Berhad
14.SBB Asset Management Sdn Bhd
15.BHLB Pacific Trust Management Berhad
16.Affin Fund Management Sdn Bhd
17.AMMB Asset Management Sdn Bhd
18.AMMB Investment Services Berhad
19.ASM Mara Unit Trust Management Berhad
20.Pacific Mutual Fund Berhad
21.Bumiputra Merchant Bankers Berhad
22.Lembaga Tabung Haji
23.Permodalan BSN Berhad
24.RHB Unit Trust Management Berhad
25.Phillip Capital Management Sdn Bhd
26.CMS Trust Management Berhad
27.HLG Asset Management Bhd
28.Mayban Management Bhd
29.Apex Unit Trusts Berhad
30.Commerce Trust Management Berhad
31.Amanah Saham Nasional Berhad (ASN2)
32.KAF Management Services Sdn. Bhd.
33.ASM Asset Management Sdn. Bhd.
34.DEXIA JMF Asset Management Sdn. Bhd.
35.Metrowangsa Asset Management Sdn. Bhd.
36.PAB Unit Trust Management Berhad

6. HOUSE PURCHASE WITHDRAWAL ( ACC 2 )
FIRST HOUSE
30 % of the member's contribution is credited into this account. This scheme allows members to
withdraw their funds for two purposes.
Withdrawals to buy or build a house
Withdrawals to reduce or settle the balance of a housing loan
Members can withdraw the difference between the price of the house
and loan with an additional 10% of the price of the house or all the
savings in Account II by completing the KWSP 9C (AHL) form.
An example
Cost of house RM 75,000
Loan amount RM 60,000
Difference between cost of house and loan amount RM 15,000
Add 10% of cost of house RM 7,500
Amount eligible for withdrawal RM 22,500
Balance in Account II RM 18,000
Amount which can be withdrawn RM 18,000
In this case, the member can only withdraw RM 18,000, the balance he or she has in Account II.
SECOND HOUSE
Provided your first house under the house withdrawal scheme is sold.
The purchase of your second house must be after 2nd Jan 2001.

7. REDUCE / REDEEMING HOUSE LOAN ( ACC 2 )
Members can withdraw money from Account II to service the residues of their housing loan.
Withdrawals can be made every three (3) years.
Who is qualified to apply?
You can apply if:
You have an outstanding balance of loan used to buy a house / shophouse and the mortgage
on the house is the first mortgage 
You have not reached the age of 55 years during approval of the application.
You don't qualify if:
The application is for house renovation/ repair to your existing property For individual purchases, you are entitled to withdraw:
All your savings in Account II OR
The balance of your housing loan, whichever is lower.
For joint purchases, both parties can take out:
All their savings in Account II
The balance of their housing loan, whichever is lower.
In this circumstance, EPF will process the application from Buyer I and if the savings is
not enough, then EPF will process the application from Buyer II.

8. Acc 2 REDUCE / REDEEMING HOUSE LOAN ( ACC 2 ) House Loan An example
Cost of house RM 75,000
Balance of Loan RM 31,500
Savings in Account II RM 15,000
Amount which can be withdrawn RM 15,000
Members are allowed to withdraw from this scheme every three years from the date
of the first withdrawal from the same account. You will need to apply separately every time
you wish to withdraw from this account by completing the KWSP 9C (AHL) form.
Acc 2
House
Loan

9. EDUCATION WITHDRAWAL ( ACC 2 )
This scheme allows members to withdraw from their account II to pay the fees
for their children or themselves who further studies in any institutions locally or abroad. 
Level of Education
For member : Diploma and above.  
For member's children :  Degree and above.
Amount eligible for withdrawal
Members may withdraw maximum amount of total fees or all balance in account II, which ever is lower.
Member may apply for withdrawal on each academic year provided that there is balance in the account II.
Mode of Payment
Basically, there are three modes of payment made by the EPF under this scheme. They are:
the local institutions of higher learning.
members* if member or their children are pursuing studies abroad or any payment made by the member,
subject to the terms and conditions.
the financial institutions to settle or reduce the balance of study loans taken up by members under certain
conditions member or members' children currently studying in institutions of higher learning including
study loans under the name of the member or both member and their children's name.
How to apply
Before a member can apply for withdrawal under this scheme, member is required to check the balance in
account II and obtain a letter from EPF on how much amount allowed to be withdrawn. To obtain this letter,
the following documents are necessary:
letter of acceptance from the university or college for the member or member's children or letter of
registration for subsequent years of study (for second year and following years).
member identification card.
copy of  member's bank account book or Current Account Statement.
Members can apply this scheme by completing form KWSP 9H (AHL) together with the relevant supporting
documents. 

10. COMPUTER PURCHASE WITHDRAWAL ( ACC 2 )
This scheme enables members to withdraw for purchasing personal computer for them or their children. 
Amount eligible for withdrawal 
Members can withdraw up to RM3, or balance in Account II, which ever is lower. 
For joint application, members can withdraw up to RM3, or total all balance in members Account II,
which ever is lower. For joint application, members must submit application together. 
Joint application is only for those who are purchasing a personal computer for their children. 
Example
For individual application 
Quotation for personal computer RM  4,500
Balance in account II RM10,000
Amount eligible for withdrawal RM  3,500
For joint application
Quotation for personal computer RM  5,500
Balance in account II RM  6,000
Balance in account II RM  2,500
The amount to be deducted in each account may be decided by the members provided that it is not exceeding
the balance of each account or the maximum amount for withdrawal (RM 3,500).
Frequency of withdrawal and mode of payment 
Members are allowed to withdraw once under this scheme. Members who have withdrawn previously are not
eligible to apply again.  

11. 50 AGE 50 YRS WITHDRAWAL ( ACC 2 ) Altera Service Award
Members can withdraw the entire sum from this account at age 50 as a pre-retirement savings.
The form to complete is KWSP 9B (AHL).  50
Altera
Service Award

12. MEDICAL WITHDRAWAL ( ACC 3 )
10 % of the member's contribution is credited into this account. You can withdraw  from this
account for medical costs of critical illnesses. This withdrawal can be used to cover spouse,
children, siblings and parents. There is a list of critical illnesses that qualifies for withdrawal.
The amount which qualifies for withdrawal is:
All the savings in Account III OR
The cost of treatment
An example
Cost of medical treatment RM 10,000
Savings in Account III RM 3,000
Amount which can be withdrawn RM 3,000
Since the savings in Account III is only RM 3,000, the member
can take out that amount to supplement the bill.
The form to complete is KWSP 9D (AHL).

13. Thank You