Business · Malaysia Bureau
EPF endorses RM2,000 minimum wage, automatic enrolment for young workers
Malaysia's Employees Provident Fund has backed a significant increase in the statutory minimum wage as part of Budget 2027 proposals, while supporting automatic membership for workers from age 18.
LSN Malaysia ·
KUALA LUMPUR — The Employees Provident Fund has thrown its weight behind a minimum wage increase to RM2,000, describing the move as a crucial reform for Malaysia's labour market ahead of the 2027 budget announcement. The endorsement signals institutional support for what would represent a substantial increase in the statutory floor for worker compensation nationwide. The move comes as policymakers seek to address wage stagnation and improve living standards for lower-income earners in the country. Alongside the wage proposal, the EPF has also backed automatic membership provisions that would enrol workers into the fund from age 18, streamlining retirement savings participation. The measures are expected to form part of the government's broader labour and social protection agenda as it prepares its upcoming fiscal plans. Officials have indicated that the reforms are designed to strengthen worker protections while addressing evolving needs within Malaysia's employment landscape.