How can EPF supporters encourage employee participation in the scheme?

Educating employees about the long-term benefits of the EPF scheme, such as tax savings and financial security, is crucial because it helps individuals understand the value of their participation in a retirement savings plan. When employees are aware of how such a scheme can positively impact their financial future, they are more likely to see it as a beneficial investment rather than just an obligation.

Knowledge empowers employees to make informed decisions, reinforcing their engagement with the scheme. By highlighting benefits like tax exemptions and the compounding of funds that contribute to financial stability during retirement, supporters can cultivate a culture of participation driven by awareness and understanding. This approach is fundamentally more effective in the long run compared to tactics that rely solely on incentives, promotions, or penalties, which may not foster a genuine appreciation for the scheme's purpose and advantages.