• VISION

    To be the trusted retirement fund that supports nation building by innovatively delivering sustainable benefits.

  • MISSION

    To optimise investment returns and deliver excellent services by adopting best practices in meeting the key stakeholders' commitments.

    01

    Message From our Leaders

    • chairman
      We remain steadfast in our commitment to delivering long-term performance.

      Datuk Seri Asri Bin Hamidon @ Hamidin

      Chairman

    • ceo
      We continue to take a long-term perspective on markets in our diversified portfolios.

      NIK AMLIZAN MOHAMED

      Chief Executive Officer

      Message from the Chairman

      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

      • Malaysia's Gross Domestic Product (GDP)
        increase

        3.1%

        year-on-year

      • Fund Size Grew
        to

        RM
        159.04
        billion

        as at 31 December 2021

      • KWAP's Asset Allocation To International Investment Stood At

        20.0%

        of total assets, which amounted to

        RM
        31.81
        billion
        Message from our chairman

        Message from the Chief Executive Officer

        ceo

        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

        • Gross Investment Income
          of

          RM
          6.33
          billion

          in 2021

        • Time Weighted Rate Of Return (TWRR)

          5.99%

          for the Total Fund

        • 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%

          Message from the Chief Executive Officer
          02

          2021 Year at a Glance

          Total
          Fund Size

          RM
          159.04
          billion

          Gross
          Investment
          Income

          RM
          6.33
          billion

          Net
          Investment
          Income

          RM
          9.99
          billion
          03

          Corporate Social Responsibility

          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.

          04

          Stakeholder Outreach

          • MyPesara Mobile Application Phase 2

            • MyPesara

              Personalised accounts for both pensioners and general users with ease of updating information

              Separate login pages for pensioners and non-pensioners

            • MyPesara

              Upgraded and interactive additional features

              Provides a more holistic user experience
              Opportunities for online learning on financial, health and retirement planning

            • MyPesara

              New S.O.S Feature

              Introduction of additional S.O.S toggle to be used during emergency situations for pensioners

            • MyPesara

              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

            • MyPesara Mobile Application Users

              • From 2017 - 31 December 2021

                168,486

                Downloads

              • Registered Users

                86,582

                Pensioners

                21,181

                Non-Pensioners

              • Pension Demographics

                • Pensioners

                  Malaysia’s public sector employees who attain retirement and are covered by the Government pension scheme

                  Pensioner by Gender


                  demographics

                  Male

                  63%

                  747,956

                  Pension Recipients

                  demographics

                  Female

                  37%

                • Breakdown of Pension Recipients

                  26%

                  Derivative Recipients

                  demographics

                  74%

                  Pensioners

                • Pensioner by Race

                  demographics

                  Malay

                  Chinese

                  Bumiputera
                  (other than Malay)

                  Indian

                  Others