Rm600 A Year Epf Incentive For Ride Share Delivery Drivers

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The drivers will be registered as EPF members under the i-Saraan Plus scheme.
E-hailing and p-hailing drivers will get a higher annual matching incentive cap of RM600 a year, or RM6,000 over a lifetime under the i-Saraan Plus scheme. (Bernama pic)PETALING JAYA: EPF’s i-Saraan Plus, an initiative rolled out specifically for e-hailing and p-hailing drivers, will offer a higher annual matching incentive cap of RM600 a year, or RM6,000 over a lifetime
EPF said drivers will be registered as EPF members through the respective platform providers, who will facilitate contribution deductions at rates determined by the drivers themselves.
Earlier this evening, Prime Minister Anwar Ibrahim announced the scheme when tabling the 2026 budget.
EPF said the latest initiative was based on the success of the i-Saraan programme, which has been extended to next year.
Anwar also announced that the government’s matching incentive for the i-Suri programme will be extended for 2026, with the eligibility age increased from 55 to 60 years old.
The incentive amounts to 50% of the total annual contribution, subject to a maximum of RM300 per year and RM3,000 over a lifetime.
EPF CEO Ahmad Zulqarnain Onn said the i-Saraan and i-Suri programmes have played a crucial role in expanding retirement savings coverage to more Malaysians, particularly those in the informal sector.
“These initiatives are part of the EPF’s ongoing efforts to raise the floor of social protection, ensuring that no one is left behind in building financial security for their retirement.” - FMT

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