What should employees do when reviewing their payslips for EPF deductions?

When reviewing their payslips for EPF (Employees' Provident Fund) deductions, employees should verify calculations to ensure accuracy. This practice is essential because it helps employees confirm that the correct amount has been deducted for their EPF contributions and that their gross salary, deductions, and net pay are accurately reflected.

By verifying the calculations, employees can catch any errors or discrepancies that might occur, such as miscalculations or unauthorized deductions. This attention to detail is important for maintaining accurate financial records and ensuring that their retirement savings are not adversely affected.

Neglecting to verify calculations or focusing solely on other factors, such as previous payslips or total salary figures, can lead to undetected errors that could impact an employee's benefits and future retirement planning. Similarly, ignoring small discrepancies is risky, as they could accumulate over time and result in significant financial differences. Therefore, thorough verification is crucial for financial accuracy and accountability.