EPF should look into tiered dividends, Petaling Jaya MP says

PUTRAJAYA should look into tiered dividends for the majority of contributors who have low savings with the Employees Provident Fund (EPF), Petaling Jaya lawmaker Lee Chean Chung said. 

He said the implementation of tiered dividends will provide the highest returns to the first RM50,000 savings contribution, RM50,000 to RM240,000 savings (basic savings target), and savings of RM240,000 and above.