In yesterday’s ‘stimulus package’ speech , Finance Minister Najib Abdul Razak included the option to reduce employees’ contributions to their Employees Providents Fund (EPF).

This is part of the government’s plans to put more money into worker pockets as they face a harsher economic climate.

Presently, employees contribute 11 percent of their pay to EPF, while their employers top up another 12 percent - bringing the total contribution to 23 percent.