KUALA LUMPUR: Mandating Employees Provident Fund (EPF) contributions for foreign workers would help the government with record-keeping and at the same time protect the interests of local workers, says Prime Minister Datuk Seri Anwar Ibrahim.
He said mandating a 2% contribution for foreign workers will allow the government to register foreign workers by using financial institutions and the EPF.
He added that foreign workers would also be able to withdraw their savings at the end of their employment period here.
“We are bound by international standards, such as Article 68 of Convention 102 of the International Labour Organisation (ILO),” he said during the Prime Minister’s Question Time in the Dewan Rakyat on Tuesday (March 4).
He said close to 70 countries require similar contributions from foreign workers.
“We have set the contribution at a minimum rate of 2% because we feel that it would not be a burden,” he added.
When presenting Budget 2025, Anwar announced the proposal to mandate all non-citizen workers to contribute to the EPF to ensure fair treatment for all workers regardless of nationality. - Star
More to come
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