Something to remind ourselves whom are depository to the Employees Provident Fund ("EPF").
There was a chain email saying that if one of my EPF fund nominees dies, my nominees list is automatically void & invalid and the EPF will channel my money to Amanah Raya upon my death.
The email also said that if any of my nominees dies, I should present his death certificate to the EPF and name a new nominee within 3-days of the death! See below for an official response from Encik Nik Affendi Jaafar a General Manager of Public Relations at EPF.
If one of your nominees dies during your lifetime, only the portion that was bequeathed to the deceased nominee will be invalid. Should you pass away without updating your nomination, the other nominees will receive their portions accordingly. Only the deceased nominee's portion will be subject to procedures under "EPF savings withoout nomination", where the right to claim the member's savings goes to the nearest next of kin or the appointed administrator of your estate. However, if you have named only one nominee and he predeceases you, the nomination will be void.
There is no need to produce the death certificate of a deceased nominee to change your nomination. You can update & change your nomination anytime by simply completing Form KWSP 4.
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