Wednesday, June 3, 2009

EPF @ KWSP - Have You Updated Your Nominations?

In my previous post in Mar09, I encouraged EPF @ KWSP accounts holder to nominate their beneficiary in case the member passes away. For this post, I would like to encourage EPF @ KWSP members who had made their nominations to update their nominees from time to time. Perhaps when you first made your nominations, you're still single. And now you're married and maybe with kids. So, it's important for you to update your nominees from time to time.  This is to ensure that the EPF @ KWSP saving goes to the right party. 

Even if you're not planning to amend your beneficiaries, at least pay a visit to EPF counter and check whether your nominations is still there. You never know, sometimes data can be missing from complex system or database.

I am sure you'll not want to be the victim by the missing database or corrupted system. Make it an effort to check your nominations once a year.

No comments:

Post a Comment