To avoid disruption in pension payment processing, change of bank account limited to once in every 12 months. Approval regarding changes in bank account is subject to KWAP’s discretion. Each application form needs to be submitted together with copy of bank statement. Click here to download
Effective from 1st January 2013, method for pension adjustment has been improved where pensioners will enjoy increment of two per cent (2%) annually.
Prior to that, from 1st July 1980 until 2012, pension adjustment is made when there is a salary revision for civil servants. The civil servants’ salary review takes place once in four or five years.