# EPF i-Saraan Voluntary Contribution

What Is It

i-Saraan is a voluntary retirement savings scheme by the Employees Provident Fund (KWSP/EPF) designed for self-employed individuals and gig workers. It allows members to save at their own pace and offers a government matching incentive of 15% on annual contributions (up to RM500 per year).

Who Is Eligible

  • Malaysian citizen under 60 years old.
  • Self-employed individuals (e.g. traders, farmers, freelancers, e-hailing drivers, online sellers, home businesses).
  • Registered under the EPF database as an i-Saraan member.

    • Required Documents

  • Copy of MyKad.
  • Completed Form KWSP 16G (M) (for registration).
  • Proof of self-employment (SSM cert, platform driver profile screenshot, or business declaration).

    • Step-by-Step Procedure

    1. Visit EPF Counter: Go to the nearest EPF branch office or register online via the i-Akaun portal. 2. Submit Registration Form: Register under the i-Saraan program using form KWSP 16G (M). 3. Make Contribution: Transfer funds to your EPF account via online banking (FPX), agent banks (BSN, Maybank, Public Bank), or at EPF kiosks. 4. Contribution Matching: The government calculates your annual contributions and adds a 15% matching incentive to your Account 1 (up to RM500 annually). 5. Dividend Earning: Earn standard annual dividends on your total savings balance.

    Cost & Processing Time

  • Cost: No registration fee. Contributions are voluntary (minimum RM10 per deposit up to RM100,000 per year).
  • Processing Time: Instant account registration. Government matching incentives are credited in the following calendar year.

    • Where to Apply

  • Any EPF (KWSP) branch office or online via the Kwsp i-Akaun portal.

    • Important Notes

  • Registered i-Saraan members qualify for death benefits (RM2,500) and disability benefits (RM5,000) under EPF rules.
  • Savings are subject to standard EPF withdrawal rules (accessible at age 50/55).