Changing jobs can leave benefits in several accounts. Find the scheme and account details before deciding whether consolidation suits you.
What to have ready
Before you start
Personal accounts from previous jobs differ from active contribution accounts. Employee Choice Arrangement transfers cover specified benefits and conditions. A transfer moves benefits between schemes; it is not a cash withdrawal.
What to do, step by step
- List accounts and identify personal versus active contribution accounts.
- Check eMPF and scheme guidance for transfer scope, forms, and identity requirements.
- Compare fees, fund risks, and service before choosing a receiving scheme.
- Track the transfer and reconcile both statements and the final allocation.
Costs, timing, and things to check
Check possible investment gaps or market changes during transfer. Consolidation does not guarantee better returns.
Do not share login codes with an agent promising returns. Choose funds according to your own risk tolerance.
Locate accounts and review transfer scope and costs before consolidating.
Official information and enquiries
These are the reference and service entry points for this guide. Check current fees, eligibility, and schedules with the authority. The preparation date is not each source's official update date.