Page 82 - KWAP_AR2022

80 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) FoR BEttER PERFoRMANcE

ENTERPRISE REVIEW

CONTRIBUTION MANAGEMENT

One of KWAP’s primary roles is to manage pension contribution received from the Federal Government, Government
Share (contributing agencies) and Employers (Statutory Bodies, Local Authorities and agencies).

For the year 2022, KWAP received a total of RM2.64 billion worth of contribution. The amount comprised RM0.50 billion
from the Federal Government, RM0.77 billion from Government Share contributing agencies, and RM1.37 billion from
Employers.

In comparison to the previous corresponding period, the total contribution was lower by RM0.30 billion due to the
reduction in contribution of Government Share as one of the contributing agencies did not contribute at all in 2022.

However, there was a consistent increase in Employer contribution whereby RM1.31 billion was collected in 2020,
RM1.34 billion in 2021 and RM1.37 billion in year 2022. This is attributed to the average increase in government staff
salary.

TOTAL CONTRIBUTIONS 2020-2022
Year

2022 0.5 0.77 1.37 2.64

2021 0.5 1.11 1.34 2.95

2020 0.5 1.15 1.31 2.96

0 0.5 1 1.5 2 2.5 3
• Federal Contribution • Government Share • Employer Contribution RM (billion)

qUARTERLY CONTRIBUTION IN 2022
RM (million)

500.0
600.0
500.0
317.8 336.0 362.0 357.5
400.0
206.5 189.4 198.9
300.0
200.0 177.8
100.0
0
quarter 1 quarter 2 quarter 3 quarter 4
• Federal Contribution • Government Share • Employer Contribution