EPF down from 11% to 8%

PETALING JAYA: Employees can choose to reduce their EPF contributions to increase their disposable income next year.

The Government has allowed employees to reduce their contributions by three percentage points from 2009 to 2011.

Presently, the employer’s EPF contribution is 12% while employees contribute 11%.

“With the reduction, the total contribution is still at a reasonable rate of 20%, which is 12% from the employer and 8% from employee,” said Deputy Prime Minister Datuk Seri Najib Tun Razak.

** is this a good move by the government ??
a person earning rm1000, 3% of the contribution, rm30 used for daily expenditure.. how much can it help? extra 30 for a month usage..
nowadays, 30 can do what? reload handphone? pump petrol? a nice dinner for 2?
elo ?@$#&^