EPF

Not sure how true is this??

If ONE (1) of our Nominee in the EPF Nominees list deceased,

automatically the whole arrangement (EPF Nominees list) is VOID.


Meaning if, you only put in One (1) name & unfortunately he/she dies


before you - automatically EPF will channel your EPF money to trustee


of AMANAH RAYA upon your death.




Thou if, you DO have few names in the EPF Nominees list still - the


whole arrangement is VOID & none of the individual balance name in the


EPF Nominees list will get their potion & automatically EPF will


channel your EPF money to trustee of AMANAH RAYA upon your death.




Piece of advice - if any of the your Nominee in the EPF Nominees list


decease, please do immediately approach the nearest EPF counter &


present the Death Certificate of the individual & re-instate you NEW /


LATEST Nominee in the EPF Nominees list + NEW / LATEST percentage.




If, you & the other party (maybe spouse) involved in the same


misfortune (accident / illness) that caused death to both yourself /


spouse please, please, please alert your siblings / relatives /


parents to immediately approach the nearest EPF counter & share the


information within 3 days to AVOID all EPF money to be surrender to


trustee of AMANAH RAYA.




Upon surrender to trustee of AMANAH RAYA, your children will have to


battle the money thru 3 channels;




Majlis Agama




Pejabat Tanah




Mahkamah




The normal period via above 3 channels usually takes 2-3 years (except


if you have inside/tip top connection) at Amanah Raya.