Legislative Updates for PeopleSoft HCM Global Payroll Malaysia

Effective August 1st, 2013 EPF Contribution applicable until 55 years of age is now being extended till 60 years of age and the rates remain unchanged i.e., 12 percent from employers; 11 percent from employees. Our Position Statement has been revised to include these legislative updates for the respective changes. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1528264.1.

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This blog is dedicated to topics focused on legislative updates to PeopleSoft Applications including Human Capital Management and Financials.

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