Human Resources
EPF (KWSP)
Definition
EPF is the Employees Provident Fund, known in Malay as KWSP, the Malaysian retirement savings scheme that receives monthly contributions from employers and employees.
Why does EPF matter for payroll?
EPF is a monthly statutory deduction. The employer deducts the employee's share from wages, adds the employer's share and pays both to KWSP by the due date. Use the current contribution schedule on the KWSP site rather than a remembered rate.
How does EPF fit with other payroll deductions?
EPF is processed in the same payroll run as SOCSO, EIS and PCB. The steps are covered in how to run monthly payroll in Malaysia and taught in EPF Schemes and Benefits Administration.
Where can you go next?
Courses, checks and reading on the same work.- CourseEPF Schemes & Benefits Administration
- CoursePayroll Calculation & Statutory Compliance
- CoursePayroll Processing & Reporting
- CertificationCertified Social Security Administrator (CSSA)
- CertificationCertified Payroll Administrator (CPAD)
- Free online assessmentIs your payroll compliant? Free payroll readiness check
- GuideHow to run monthly payroll in Malaysia
- Glossary termSOCSO (PERKESO)
- Glossary termEIS (SIP)
- Glossary termPCB (MTD)
Which sources does this page use?
Updated 20 October 2026. General information from the Certifyd team, not legal, tax or safety advice for your workplace.