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What is the new contribution rate?
The new MBMF contribution rates will take effect on 1 June 2016.
The new rates are:
| Total Monthly Wage of Muslim Employee | Current Monthly Contribution | New Rate Change | Revised Monthly Contribution |
|---|---|---|---|
| < $1,000 | $2.00 | + $1.00 | $3.00 |
| > $1,000 to $2,000 | $3.50 | + $1.00 | $4.50 |
| > $2,000 to $3,000 | $5.00 | + $1.50 | $6.50 |
| > $3,000 to $4,000 | $12.50 | + $2.50 | $15.00 |
| > $4,000 to $6,000 | $16.00 | + $3.50 | $19.50 |
| > $6,000 to $8,000 | $16.00 | + $6.00 | $22.00 |
| > $8,000 to $10,000 | $16.00 | + $8.00 | $24.00 |
| > $10,000 | $16.00 | + $10.00 | $26.00 |