The Employees Provident Fund (EPF) in Malaysia, the country’s largest state pension fund, has barred 12,787 company directors from leaving the country due to their failure to settle employees’ contributions. This involves 13,820 employers, or 2.02% of the 685,399 registered with EPF, who did not make payments within a six-month period from January to June last year.
EPF has warned of legal action, including civil and criminal measures, against non-compliant employers to protect workers’ rights, emphasizing that failing to make timely payments is a serious offense.
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