EPF

Shocking Revelation: Most Production Firms Neglect EPF Contributions for Young Actors

Discover the startling truth about EPF payments for child actors in Malaysia!

In a surprising turn of events, a recent report reveals that nearly 98% of production companies hiring young actors in Malaysia do not pay Employees Provident Fund (EPF) contributions. This lack of financial protection for child and youth actors highlights a concerning trend in the entertainment industry. On another note, Etiqa has taken a step towards improving family protection by launching new term and critical illness plans in collaboration with EPF, aiming to bridge the gap in safeguarding the welfare of performers.

Moreover, statistics from the Department of Statistics Malaysia show that a significant 73.13% of Malaysian production companies involved in film and drama are oblivious to the requirement of obtaining a public entertainment license. This oversight poses legal implications and raises questions about the awareness of regulatory obligations within the industry. The chief statistician further emphasized the importance of compliance, pointing out the lack of understanding among production firms regarding licensing protocols.

Highlighting the gravity of the situation, the data underscores that a considerable number of production companies are failing to meet essential obligations towards their performers. The discrepancy in EPF payments and awareness of licensing requirements sheds light on the need for better industry practices and regulations. It is crucial for stakeholders to prioritize the welfare and rights of actors, especially young talents, to ensure a fair and ethical working environment in the entertainment sector.