00:00A total of RM13 billion was deposited by the Workers' Savings Fund last year,
00:06at the same time expressing the confidence of many people to save money with that legal body.
00:11According to one of its employees, more than 1.6 million depositors chose to save money in KWSP compared to banks,
00:18possibly because the dividend rate has been higher and more consistent for several decades.
00:24Deposits involving 1.2 million depositors and another RM400,000 go through the Aisaraan scheme,
00:32Soekarela deposits for self-employed and those who do not have permanent income.
00:37Aisaraan deposits will receive a special incentive of 20% up to a maximum of RM500 from the government for the number of their Soekarela deposits.
00:47KWSP depositors who re-fill Soekarela can add deposits up to RM100,000 in their account every year,
00:55and 70% of depositors do not touch funds in a flexible account,
01:00i.e. account 3, which authorizes the issuance at any time.
01:05KWSP has more than 15 million depositors with around 8.5 million active depositors.
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