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All you want to know about the... EPF Annuity Scheme How to purchase? Purchase of annuity is by using the money purchase method which is to purchase by Annuity Unit with a single lump sum premium. In these schemes, ONE Annuity Unit will represent a monthly annuity payment of RM 100.00. For example; If members purchase 5 Annuity Units, so they will receive a monthly Annuity Payment of RM 500.00, i.e. RM 100 x 5. For Scheme A, Annuity Unit can be bought by a Single Lump Sum Premium for a minimum of One Annuity Unit per purchase. Members can purchase more units as top-up if they can afford it before attaining the age of 55. This is USJatyourservice, Service At Its Best! provided by kooagency |
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