Hey folks,
Today, Employees Provident Fund (or in Malay, Kumpulan Wang Simpanan Pekerja) announced stern warning to company directors to not fail in settling employees' contribution.
The statement said that in the first quarter of 2014 (1Q14) 278 company directors have prevented from leaving the country and their names have been submitted to the Immigration Department for further action.
The statement also added that 157 errant employers were fined a total of RM218,650 by the court under Section 43(2) of the EPF Act 1991. A total of 251 civil suits and 775 criminal cases were also filed with the courts against the company directors and employers who defaulted on their employees' monthly EPF contributions, it added.
Among the defaulting employers include:-
The statement went on to say that the court usually allow employers who were fined to settle their contribution arrears by installment of up to six months, with the EPF will credit all outstanding contributions to the respective members' accounts after the arrears have been recovered in full.
So take note, folks!
Today, Employees Provident Fund (or in Malay, Kumpulan Wang Simpanan Pekerja) announced stern warning to company directors to not fail in settling employees' contribution.
The statement said that in the first quarter of 2014 (1Q14) 278 company directors have prevented from leaving the country and their names have been submitted to the Immigration Department for further action.
The statement also added that 157 errant employers were fined a total of RM218,650 by the court under Section 43(2) of the EPF Act 1991. A total of 251 civil suits and 775 criminal cases were also filed with the courts against the company directors and employers who defaulted on their employees' monthly EPF contributions, it added.
Among the defaulting employers include:-
|
#
|
Company
|
Amount Fined by the Court
|
|
1
|
Kimpack Plastic Industries of
Perak
|
RM 5,000
|
|
2
|
Syac Enterprise of Federal
Territory
|
RM 4,000
|
|
3
|
Jurukur Putra and Grand March Sdn
Bhd
|
RM 3,800 each
|
|
4
|
Intergrate Digital Solutions Sdn
Bhd
|
RM 3,500
|
|
5
|
Caidmark Sdn Bhd
|
RM 2,500
|
Source: EPF press release
The statement went on to say that the court usually allow employers who were fined to settle their contribution arrears by installment of up to six months, with the EPF will credit all outstanding contributions to the respective members' accounts after the arrears have been recovered in full.
So take note, folks!
No comments:
Post a Comment