Employers' Responsibilities

Complete Contribution Payment

Learn more about how to ensure the mandated Employers' contribution payment is responsibilities towards contributing to the welfare of their Employees' retirement. 

 Go to Employers' Responsibilities

Complete Contribution Payment Checklist


Make contribution payment Online and keep the receipt.


Update Contribution Payment Listing and Upload Payment Receipt in e-Amanah.


​Click ‘Submit’ in e-Amanah. Ensure the status has changed to 'PENDING'.

Note: Payment will not be processed if you click ‘Save’ (Status: 'NEW'). 

To ensure that ​the contribution payment is successful, the status will changed to 'APPROVED'.​


To be paid not later than 15th of the following month.

Note: 

If the status in e-Amanah Contribution Payment Listing is:


  • 'OVERDUE' means contribution file listing has not been submitted.
  • 'RETURNED' means contribution payment listing has been returned due either no payment was received, or there was a shortfall in the payment received (i.e., the amount paid was insufficient).

Complete Payment​

Payment


&

Submit Contribution Payment Listing

Incomplete Payment​

Payment


&

Did not Submit Contribution Payment Listing

A complete contribution payment means payment of contribution together with the Contribution Payment Listing latest on the 15th of the following month.

Employers who fail to submit complete contribution payment within the period given are deemed not to make complete contribution payment and will be liable to penalty charge.

FAQ

Frequently Asked Question

No, Employers do not need to re-register their employees for SPK. Once the SPK is implemented, Employees will be automatically converted into SPK. However, for Employees who have chosen to defer their participation and are aged between 50 to 59, they will be automatically converted into SPK after they make their TAP withdrawal at the age of 55.

No. Employers are not required to register their Employees to SPK. Members from 50 – 59 years old are given options to join SPK immediately of defer conversion to SPK. If the Member join immediately to SPK, their TAP and SCP Accounts will automatically be converted to the new SPK Account. If the Member chose to defer joining SPK, their TAP and SCP Accounts will remain active until they withdraw their TAP55. Employers should refer to their Employees’ options to avoid wrong contribution being paid. This also will be reflected in e-Amanah when you want to pay your Employees’ contribution.

Yes. Employees under the age of 60 currently receiving Government Service Pension and returning back to work in the public or private sector are required to be registered and contributed to SPK.

No, Employers do not need to register these Employees. Employees who have chosen to join SPK immediately will be automatically converted into SPK. Meanwhile, those who have not made any decision will remain in the TAP and SCP schemes.

There is no longer a maximum mandatory contribution cap for SPK. The contribution is based on the full amount according to the prescribed rates for Employees and Employers, with a minimum contribution of $57.50 for Employers.

Contribution rates will be revised in accordance to SPK contribution rate of 8.5% with no capping. The contribution will go to the Member’s Account and full withdrawal under this account can be made once Member reaches age 60 years old.

After the implementation of SPK in July 2023, the contribution rate will be adjusted according to the SPK contribution rate, which is 8.5% of the Employee's salary without a minimum or maximum contribution limit. The contribution rate from the Employer will also be based on the Employee's salary range. However, for Employees between the ages of 50 and 59 who have not decided to participate in SPK, they will remain in the TAP scheme with a contribution rate of 5% for both employees and Employers. These Members will be automatically converted into SPK after they make their TAP55 withdrawal (if they continue to work) following the SPK contribution rates.

After Member withdrawn TAP55, it is consisting of Member and Employer contribution. After the Member is converted to SPK, this has effect to their SPK Annuity amount for their retirement. In order to earn the optimized SPK Annuity amount, Member has the option to top-up the Employer contribution that has been withdrawn.


However, top-up is not mandatory and Member will still receive better SPK Annuity during their retirement.