The 10.3 million contributors to the Employees Provident Fund (EPF), the mandatory single largest pension fund for private sector workers, should hold a nationwide protest against the 40-year low dividend payout of 4.25%, the DAP said.

Its chairperson Lim Kit Siang said the EPF should have been able to declare at least 5.43% dividend for last year "if not for the high provision of RM2.14 billion for the paper losses in equity last year".

He said contributors must show their disagreement with Acting Prime Minister Abdullah Ahmad Badawi's defence of the low dividend and demand for accountability and transparency in the EPF's dealing of the RM203 billion fund.