Employer

What is the status of 30% consolidated fund?

The purpose of this FAQ is to offer clarity to HRDF registered employers on the suspension of the implementation of several Strategic Initiatives under the 30% Consolidated Human Resources Development Fund (herein referred to as “Consolidated Fund”) with effect from 12 June 2018 (Wednesday). Employers’ circular No. 3/2018 details the said suspension.

  • How long is the suspension of the Consolidated Fund?

The suspension of the Consolidated Fund is until further notice. Employers will be informed on the status of the suspension once HRDF has completed its review on the policies, procedures and implementation mechanism of the Consolidated Fund.

  • What is the reason for the suspension of the Consolidated Fund?

The reason for the suspension of the Consolidated Fund is to enable HRDF to review the policies, procedures and the implementation mechanism of the Consolidated Fund for improved effectiveness and transparency; benefiting all our stakeholders.

  • If the Consolidated Fund is discontinued, why is HRDF continuing with the deduction of 30 per cent levy from its registered employers?

The suspension of the Consolidated Fund is temporary.

During the suspension period, HRDF will review the policies, procedures and the implementation mechanism of the Consolidated Fund for improved effectiveness and transparency.

HRDF hopes to continue with the implementation of Strategic Initiatives under the Consolidated Fund after the suspension period; with improved benefits to employers and relevant stakeholders.

  • Why has HRDF decided to maintain the SBL-Khas Incentive Programme which is also part of the Consolidated Fund?

The SBL-Khas Incentive Programme is a direct application by registered employers to HRDF Operation Division.

  • Is it possible for registered employers to use the Consolidated Fund for certification courses under the SBL Scheme during this suspension period?

This is currently under review by HRDF. HRDF will consider allowing registered employers to use consolidated fund for certification courses under SBL Scheme if there is sufficient demand for it.

  • If a decision is reached for the cessation of the Consolidated Fund, what will happen to money collected from the deduction of 30 per cent levy?

This matter is currently under review by HRDF and employers will be advised on it once a decision is reached.

  • What is the communication method which HRDF will use to provide updates to registered employers with regards to this suspension?

HRDF will provide updates on the suspension of the Consolidated Fund through our website and through emails to registered employers. In this instance, registered employers are advised to update their primary email address and phone number in eTRiS.

HRDF will also publish relevant updates and circular(s) on this matter on our website.


Do you have any other questions or need more Info? Call us at 1800-88-4800 or email at support@hrdf.com.my or click HERE for our branches contacts details.



Related Articles

  • How to check claim status?

    Login to the e-TRiS system through HRDF Portal Please click on the ‘Applications‘ Select from the menu and click on ‘Claim‘. Choose ‘Search / Withdraw Claims‘ Do you have any...

  • When to make payment for HRD levy?

    HRD levy is to be made no later than the 15th date of the month in which the payment falls due, as stated under Regulation 8(1) of the Pembangunan Sumber...

  • Unutilised Levy Mechanism?

    1. What happens to the unutilised/unused levy from the employers? Section 25 of the PSMB Act 2001 stipulates, if an employer does not make any claims against the Fund within...

  • Will the training grant claims be paid if the trainees do not complete the full programme?

    Payment will not be made if the trainees attendance for training programme below than 75%. A trainee is deemed to have completed the training programme if he had followed at least...