What are the three EPF accounts under the KWSP structure?

Effective May 2024, EPF contributions are split into three accounts: 1) Akaun Persaraan (Akaun 1) receiving 75% of contributions for retirement; 2) Akaun Sejahtera (Akaun 2) receiving 15% for housing, healthcare, and education; and 3) Akaun Fleksibel (Akaun 3) receiving 10% which can be withdrawn at any time.

How are EPF dividends calculated?

KWSP dividends are calculated monthly based on daily aggregate balances: the opening balance is compounded, and each monthly contribution earns dividends starting from the day it is credited. Dividends are officially credited to accounts annually.

What is the employer EPF contribution rate in Malaysia?

The standard employer EPF rate is 13% for employees earning RM5,000 or less per month, and 12% for employees earning more than RM5,000. Under Malaysian law, the employee share is 11% by default (or can optionally be reduced to 9% during certain government relief periods).

KiraSmart

EPF Dividend & Retirement Calculator Malaysia

Project your KWSP EPF savings growth, annual dividend earnings, and 3-account balance splits up to retirement.

Current Age *

Retirement Age *

Current EPF Balance (RM) *

Current Monthly Salary (RM) *

Employee EPF Rate (%) *

Annual Salary Increment (%) *

Projected Annual EPF Dividend (%) *

KWSP historical dividends range between 5.0% and 6.5%

Projected Balance at Age 60

RM1,705,453.45

Estimated Account Splits

Akaun Persaraan (75% - Retirement)RM1,279,090.09

Akaun Sejahtera (15% - Housing/Education)RM255,818.02

Akaun Fleksibel (10% - Flexible Access)RM170,545.35

Balance Growth Over Time

Estimated Monthly Retirement Payout (20 Years)

Simple Payout (Principal only)RM7,106.06 / mo

Interest-bearing Payout (with 4% ongoing return)RM10,334.71 / mo

Total Employee Contrib.RM313,997.88

Total Employer Contrib.RM343,142.88

Total Compound Dividends Earned+RM998,312.69

AI EPF Retirement Check

A Pro score for retirement balance, monthly payout, contribution, and dividend assumptions.

AI verdict

STRONG

Score 100/100

Retirement projection looks strong, assuming the inputs hold.

Compare projected payout against your target retirement monthly spending.

100

out of 100

Years

Payout

206.7%

Dividend

58.5%

Main reason

Retirement projection looks strong, assuming the inputs hold.

Good signals

Projected monthly payout is meaningful versus current salary.
Long runway gives compounding time to work.

How to improve the decision

Compare projected payout against your target retirement monthly spending.
Try a lower dividend scenario to avoid over-planning on optimistic returns.
Use saved scenarios to compare base, conservative, and stretch retirement plans.

AI explanation

EPF retirement planning assistant

Ask Pro AI whether this retirement projection is strong enough, what gaps remain, and which practical steps matter most now.

Current calculator result10 shared answers or calculations / monthEducational tips only

AI will use this context

My EPF retirement projection

Age 30, retirement target 60, current balance RM50,000, monthly salary RM5,000, projected final balance RM1,705,453.45, estimated monthly payout RM10,334.71.

Educational planning tips only, not licensed financial advice.

KWSP Annual Accumulation Ledger

Year	Age	Salary (RM)	Yearly Contributions	Dividend Earned	End Balance	Akaun Persaraan (75%)	Akaun Sejahtera (15%)	Akaun Fleksibel (10%)
1	30	RM5,000.00	RM14,400.00	+RM3,179.00	RM67,579.00	RM50,684.25	RM10,136.85	RM6,757.90
2	31	RM5,150.00	RM14,214.00	+RM4,140.30	RM85,933.30	RM64,449.98	RM12,890.00	RM8,593.33
3	32	RM5,304.50	RM14,640.48	+RM5,162.50	RM105,736.28	RM79,302.21	RM15,860.44	RM10,573.63
4	33	RM5,463.64	RM15,079.68	+RM6,264.74	RM127,080.70	RM95,310.53	RM19,062.11	RM12,708.07
5	34	RM5,627.54	RM15,532.08	+RM7,452.17	RM150,064.95	RM112,548.71	RM22,509.74	RM15,006.49
6	35	RM5,796.37	RM15,997.92	+RM8,730.18	RM174,793.05	RM131,094.78	RM26,218.96	RM17,479.30
7	36	RM5,970.26	RM16,477.92	+RM10,104.52	RM201,375.49	RM151,031.62	RM30,206.32	RM20,137.55
8	37	RM6,149.37	RM16,972.20	+RM11,581.28	RM229,928.97	RM172,446.73	RM34,489.35	RM22,992.90
9	38	RM6,333.85	RM17,481.36	+RM13,166.89	RM260,577.22	RM195,432.92	RM39,086.58	RM26,057.72
10	39	RM6,523.87	RM18,005.88	+RM14,868.17	RM293,451.27	RM220,088.46	RM44,017.69	RM29,345.13
11	40	RM6,719.58	RM18,546.00	+RM16,692.34	RM328,689.61	RM246,517.21	RM49,303.44	RM32,868.96
12	41	RM6,921.17	RM19,102.44	+RM18,647.02	RM366,439.07	RM274,829.31	RM54,965.86	RM36,643.91
13	42	RM7,128.80	RM19,675.56	+RM20,740.32	RM406,854.95	RM305,141.21	RM61,028.24	RM40,685.50
14	43	RM7,342.67	RM20,265.72	+RM22,980.77	RM450,101.44	RM337,576.08	RM67,515.22	RM45,010.14
15	44	RM7,562.95	RM20,873.64	+RM25,377.44	RM496,352.52	RM372,264.39	RM74,452.88	RM49,635.25
16	45	RM7,789.84	RM21,499.92	+RM27,939.91	RM545,792.35	RM409,344.26	RM81,868.85	RM54,579.23
17	46	RM8,023.53	RM22,144.92	+RM30,678.31	RM598,615.58	RM448,961.69	RM89,792.34	RM59,861.56
18	47	RM8,264.24	RM22,809.36	+RM33,603.39	RM655,028.33	RM491,271.25	RM98,254.25	RM65,502.83
19	48	RM8,512.17	RM23,493.60	+RM36,726.47	RM715,248.40	RM536,436.30	RM107,287.26	RM71,524.84
20	49	RM8,767.53	RM24,198.36	+RM40,059.57	RM779,506.33	RM584,629.75	RM116,925.95	RM77,950.63
21	50	RM9,030.56	RM24,924.36	+RM43,615.39	RM848,046.08	RM636,034.56	RM127,206.91	RM84,804.61
22	51	RM9,301.47	RM25,672.08	+RM47,407.35	RM921,125.51	RM690,844.13	RM138,168.83	RM92,112.55
23	52	RM9,580.52	RM26,442.24	+RM51,449.66	RM999,017.41	RM749,263.06	RM149,852.61	RM99,901.74
24	53	RM9,867.93	RM27,235.44	+RM55,757.35	RM1,082,010.19	RM811,507.65	RM162,301.53	RM108,201.02
25	54	RM10,163.97	RM28,052.64	+RM60,346.30	RM1,170,409.13	RM877,806.85	RM175,561.37	RM117,040.91
26	55	RM10,468.89	RM28,894.20	+RM65,233.31	RM1,264,536.64	RM948,402.48	RM189,680.50	RM126,453.66
27	56	RM10,782.96	RM29,760.96	+RM70,436.14	RM1,364,733.74	RM1,023,550.31	RM204,710.06	RM136,473.37
28	57	RM11,106.45	RM30,653.76	+RM75,973.58	RM1,471,361.08	RM1,103,520.81	RM220,704.16	RM147,136.11
29	58	RM11,439.64	RM31,573.44	+RM81,865.49	RM1,584,800.01	RM1,188,600.01	RM237,720.00	RM158,480.00
30	59	RM11,782.83	RM32,520.60	+RM88,132.84	RM1,705,453.45	RM1,279,090.09	RM255,818.02	RM170,545.35

Formula Breakdown

Monthly Contributions = Salary × Selected Employee Rate (11% default) + Salary × Employer Rate (13% for Salary ≤ RM5,000, 12% otherwise)
Accrued Dividend = openingBalance × (Dividend Rate / 12) + accumulatedMonthlyContribution × (Dividend Rate / 12)
Akaun Persaraan (Akaun 1) = 75% of total balance
Akaun Sejahtera (Akaun 2) = 15% of total balance
Akaun Fleksibel (Akaun 3) = 10% of total balance

Assumptions

Uses KWSP May 2024 revised 3-account structures.
Assumes employer contribution rates switch dynamically between 13% and 12% if the annual salary increment pushes the salary past RM5,000.
Salary increments are applied at the beginning of each calendar year.
The post-retirement payout is calculated over 20 years (240 months). The interest-bearing option assumes the principal remaining continues to earn a conservative 4% annual return.

This calculator provides estimates only. KiraSmart is not financial advice. Please verify with official sources or professionals before making decisions. Read full disclaimer

Information last reviewed: 2026-05-20 · Result type: official-rate implementation

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Understanding the KWSP 3-Account EPF Structure

Effective May 2024, the Employees Provident Fund (KWSP) restructured member accounts to strengthen retirement adequacy while offering short-term financial flexibility. All monthly salary contributions are automatically split into three distinct accounts.

1. Akaun Persaraan (75%)

Formerly known as Account 1. This receives **75%** of your monthly contributions. Savings in this account are locked until you reach retirement age (55 or 60) to ensure a secure post-retirement fund.

2. Akaun Sejahtera (15%)

Formerly known as Account 2. This receives **15%** of your monthly contributions. Funds here can be accessed for housing, healthcare, and educational purposes before retirement.

3. Akaun Fleksibel (10%)

The newly added Account 3. This receives **10%** of your monthly contributions. It allows members to withdraw any amount (minimum RM50) at any time for short-term emergency cash needs.