Increase in MIBFA Pension & Provident Fund Contribution Rates
Please note that, effective 1 July 2026, the employer contribution rate to both the Pension and Provident Funds will increase from 8.30% to 8.50%. The employee contribution rate will remain unchanged at 7.50%. This adjustment is made in accordance with the Funds Surplus Apportionment arrangements. Please find attached an information note outlining...