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VISION
To be the trusted retirement fund that supports nation building by innovatively delivering sustainable benefits.
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MISSION
To optimise investment returns and deliver excellent services by adopting best practices in meeting the key stakeholders' commitments.
Message From our Leaders
Message from the Chairman

Dear Valued Stakeholders,
It has been two years since the pandemic hit the world, causing hardships, affecting economies, and forcing businesses and individuals to adapt swiftly to the challenges. Looking back, I am certain of two things: firstly, COVID-19 and its various permutations will continue shaping our lives far into the future; and secondly, the importance of sustainability will be proven to be a vital differentiator to building long-term resilience.
Datuk Seri Asri Bin Hamidon @ Hamidin
Chairman
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Malaysia's Gross Domestic Product (GDP)
increase3.1%
year-on-year
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Fund Size Grew
toRM
159.04billion
as at 31 December 2021
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KWAP's Asset Allocation To International Investment Stood At
20.0%
of total assets, which amounted to
RM
31.81billion
Message from the Chief Executive Officer

Dear Valued Stakeholders,
The pervasive impact of the pandemic, combined with geopolitical unrest, continued to rock the world off its axis. While the world adapted to new ways of living and working throughout these uncertain times, one thing remains for certain, and that is KWAP’s steadfast commitment to delivering on the Fund’s long-term and stable performance.
NIK AMLIZAN MOHAMED
Chief Executive Officer
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Gross Investment Income
ofRM
6.33billion
in 2021
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Time Weighted Rate Of Return (TWRR)
5.99%
for the Total Fund
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Renewal Agency Agreement That Is Effective
from 1 November 2021 until
30 October 2026 -
The Weighted SLA Scores Ranged From
94.38%
to
99.81%
with an average
98.26%
2021 Year at a Glance
Total
Fund Size
RM
159.04billion
Gross
Investment
Income
RM
6.33billion
Net
Investment
Income
RM
9.99billion
Corporate Social Responsibility
KWAP Prihatin 2.0 - PPR Raya Permai
Kasih KWAP Programme
KWAP Prihatin 3.0 - Flood Relief Mission
KWAP Prihatin 2.0 - PPR Raya Permai
We continued with the second iteration of the KWAP Prihatin initiative, which was
first introduced in 2020 to support communities affected by COVID-19. Through
the KWAP Prihatin 2.0, launched in March 2021, we strived to ease the burden and
difficulties faced by the urban poor communities affected by the pandemic. This
segment of the urban poor community comprised those under the bottom 40 income
bracket (B40) category, families with pensioners or disabled children, and those
who may have lost their jobs during the Movement Control Order (MCO).
KWAP Chief Executive Officer, Puan Nik Amlizan Mohamed and senior management
were present at the location to hand the relief packages to the beneficiaries.
Kasih KWAP Programme
Throughout the holy month of Ramadhan, we conducted various activities under the Kasih KWAP banner in the targeted locations. These activities were actively participated by KWAP volunteers. Below are the activities conducted throughout the month:
Distribution of Dates
A total of 1,150 packs of dates were distributed to all KWAP employees and pensioners who visited KWAP's Customer Service counter as well as to selected Pensioner Associations, namely PPKM and KUPEKMAS.
Tazkirah Ramadhan
One events during Ramadhan in 2021 was the Tazkirah Ramadhan. Several renowned religious speakers were invited to deliver talks virtually. The one-hour talk saw an average of 250 employees participating in this session, covering topics such as “Amalan Yang Ditolak” by Ustaz Elyas Ismail, “Ramadhan: Sekadar Mencari Pahala” by Ustaz Dato' Daud Che Ngah, “Apa Itu Kebahagiaan” by Ustazah Nurhafizah Musa and “Sifat Riak dan Takabbur” by Ustaz Dato' Badli Shah Alauddin.
Ihya Ramadhan
The Ihya Ramadhan programme was conducted at two mosques in Shah Alam
namely Masjid Al-Falah and Masjid Himmatul Aliyah. At these mosques, 100 relief
packages consisting of necessities were donated to the needy. The donation
recipients include pensioners and lowincome families identified by the
respective mosques.
2,000 packs of bubur lambuk were distributed to the mosques'
communities after the Tarawih prayers.
Meriah Raya Programme
The Meriah Raya programme was conducted at the Rumah Bakti Al- Kausar
and Rumah Nur-Ain in May 2021, with the aim to bring joy to 60 orphans during
Ramadhan and in preparation for Hari Raya Aidilfitri celebration.
KWAP volunteers had spent the evening with the orphans, they were also
given shopping vouchers and duit raya.
Wonderful Raya with Old Folks
To continue KWAP's yearly efforts to connect and support the old folks, KWAP had conducted the Wonderful Raya with old folks at Rumah Ehsan and Rumah Al-Ikhlas. KWAP had donated necessities and healthcare items to these homes, which had benefitted 174 residents in total.
KWAP Prihatin 3.0 - Flood Relief Mission
The torrential downpour in December 2021 that caused massive flash floods resulted in damage and destruction to homes and lives. Unfortunately, 28 KWAP employees residing in the Klang Valley, were direly affected by the situation. KWAP assisted the affected employees, including their family members, pensioners and the communities by mobilising 40 KWAP volunteers to assist with the post flood cleaning works.
Stakeholder Outreach
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MyPesara Mobile Application Phase 2
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Personalised accounts for both pensioners and general users with ease of updating information
Separate login pages for pensioners and non-pensioners
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Upgraded and interactive additional features
Provides a more holistic user experience
Opportunities for online learning on financial, health and retirement planning -
New S.O.S Feature
Introduction of additional S.O.S toggle to be used during emergency situations for pensioners
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Enjoy benefits programme by special partners
A variety of exclusive details and promotions offered by selected merchant and content partners
All MyPersara users can enjoy the benefits offered
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MyPesara Mobile Application Users
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From 2017 - 31 December 2021
168,486
Downloads
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Registered Users
86,582
Pensioners
21,181
Non-Pensioners
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Pension Demographics
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Pensioners
Malaysia’s public sector employees who attain retirement and are covered by the Government pension scheme
Pensioner by Gender
Male
63%
747,956
Pension Recipients
Female
37%
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Breakdown of Pension Recipients
26%
Derivative Recipients
74%
Pensioners
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Pensioner by Race
Malay
Chinese
Bumiputera
(other than Malay)Indian
Others
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