Page 209 - KWAP_AR2022

FoR BetteR RetuRns Annual Report 2022 207

notes to the
financial statements
for the year ended 31 december 2022

32. EMPLOYEE BENEFITS

Group and KWAP
Post - Retirement
Medical Benefits
RM’000

at 1 January 2022 4,429
provisions for the year 619
benefits paid (36)
As At 31 December 2022 5,012

the maturity structure of employee benefits are as follows:

Group and KWAP
31 December 31 December
2022 2021

active members 4,307 3,806
retirees 705 623
5,012 4,429

(a) the movements of the present value in unfunded obligations are as follows:

Group and KWAP
31 December 31 December
2022 2021
at 1 January 4,429 3,875
current service cost 417 410
interest cost 203 178
adjustments during the year (1) (26)
benefits paid (36) (8)
net actuarial loss - -
As At 31 December 5,012 4,429