EPF from 12% to 13% effective on 01/01/2012

Now companies required to contribute another 1% from 12% to 13% for their employees' EPF, while the employees' contribution remain at 11% as for now. But this is only applicable to those earning MYR 5,000 and below per month

While those employees age 55 yrs old and above earning not exceeding MYR5,000, employers will contribute at 6.5% from the previous 6%, a difference of 0.5%.

Well, it is something better than nothing.

http://thestar.com.my/news/story.asp?file=/2011/12/28/nation/10167736&sec=nation