Awards & Recognition
KWAP’s strong performance directly benefits retirees, will continue to be maintained through healthy and responsible investment principles. Our awards and recognitions received reflect our efforts to create greater value for all our stakeholders.
KWAP - Here to Serve
KWAP’s role is of paramount importance to the civil servants that serve the nation. We are the custodian of their pensions that will see them through their retirement years, a time when financial security is of the utmost importance. We are deeply committed to responsibly managing the contributions from the Federal Government and relevant agencies to our Fund in order to obtain maximum returns through our investment activities that will enable us to support our pensioners in a sustainable manner.
KWAP’s role is of paramount importance to the civil servants that serve the nation. We are the custodian of their pensions that will see them through their retirement years, a time when financial security is of the utmost importance. We are deeply committed to responsibly managing the contributions from the Federal Government and relevant agencies to our Fund.
KWAP - DRIVING THE SUSTAINABILITY AGENDA
At KWAP, we are committed to investing in a sustainable manner. Our investment approach incorporates Environmental, Social and Governance (ESG) considerations as we strongly believe that the companies we invest in must consider the longer-term impacts of their activities. This is because it is clear that operating in a responsible and sustainable manner will ensure longevity and stable returns over time, which is in line with our investment philosophy.
At KWAP, we are committed to investing in a sustainable manner. Our investment approach incorporates Environmental, Social and Governance (ESG) considerations as we strongly believe that the companies we invest in must consider the longer-term impacts of their activities.
KWAP Investment Policy Statement
The KWAP Investment Policy Statement outlines the overarching investment mandate, philosophy and objective of KWAP. KWAP is mandated to manage the Retirement Fund towards achieving optimum sustainable returns through sound risk management and investment strategies. KWAP has the fiduciary duty to protect the Retirement Fund that it manages and in assisting the Federal Government to fund its pension liability.
Staying at the forefront
- Sep
- 21
- 2023
KWAP Launches RM500 million Dana Perintis to Foster Innovation and Growth in Malaysia’s Venture and Startup Ecosystem
- Sep
- 5
- 2023
KWAP Marks a New Milestone with the Inaugural KWAP’s Contributors Forum 2023
- Apr
- 7
- 2023
KWAP heightens retirement preparedness programmes under MyPesara initiatives
Going the extra mile
Helping people build a more stable today for a more resilient future
Frequently Asked Questions
Table of Contents
KWAP’s main activity is managing employer contributions and investments of the Fund as well as the management of pension payments.
No. At the moment KWAP operates from its main office in Kuala Lumpur while its Pension Services operates from the Cyberjaya office, which is strategically located close to the Government offices.
For general information and public relations, please write to strategic.comms@kwap.gov.my or contact our front desk at +603 2174 8000.
Questions on pension-related information and other queries may be directed to mypesara@kwap.gov.my or the MyPesara careline at +603 8887 8777.
Since the end of 2015, KWAP has acted as an agent of the Federal Government for the purpose of pension payments, gratuities or other benefits granted under any written law from the Consolidated Fund in such manner as may be agreed between the Federal Government and KWAP, while pension policies are managed by the Public Services Department.
KWAP only manages contributions from permanent government staff with pensionable status and who are in service with Regulatory Bodies and Local Authorities, while the EPF (KWSP) manages contributions from private sector employees and government employees who have opted to contribute to the EPF.
No, at the moment KWAP does not give out dividends on the monthly contributions of its members.
No. KWAP does not send out annual statements to its contributors. However, the KWAP annual reports are distributed to contributing employers.
KWAP employers comprise Statutory Bodies (SB), Local Authorities (LA) and Agencies (AG) with pensionable employees.
Monthly contribution for permanent employees with pensionable status.
17.5% of the employee’s monthly basic salary. (Refer to Section 8 (1) of the Statutory and Local Authorities Pensions Act 1980 (Act 239).)
Example: Basic Salary Cost of living allowance (COLA) Housing allowance Civil service allowance Total emolument Monthly contribution | : RM1,867.03 : RM 300.00 : RM 300.00 : RM 160.00 : RM2,627.03 : RM1,867.03 x 17.5% RM 326.73 |
a. Electronic (EFT/TT/RENTAS)
b. Cheque
The KWAP Act permits investments based on asset allocation for domestic and international exposure such as equities, fixed income securities, money market instruments and other forms of investment that have been reviewed by the Investment Panel and gained the Board’s approval. KWAP’s investments also support ESG and Shariah compliance.
KWAP’s main activity is managing employer contributions and investments of the Fund as well as the management of pension payments.
No. At the moment KWAP operates from its main office in Kuala Lumpur while its Pension Services operates from the Cyberjaya office, which is strategically located close to the Government offices.
For general information and public relations, please write to strategic.comms@kwap.gov.my or contact our front desk at +603 2174 8000.
Questions on pension-related information and other queries may be directed to mypesara@kwap.gov.my or the MyPesara careline at +603 8887 8777.
Since the end of 2015, KWAP has acted as an agent of the Federal Government for the purpose of pension payments, gratuities or other benefits granted under any written law from the Consolidated Fund in such manner as may be agreed between the Federal Government and KWAP, while pension policies are managed by the Public Services Department.
KWAP only manages contributions from permanent government staff with pensionable status and who are in service with Regulatory Bodies and Local Authorities, while the EPF (KWSP) manages contributions from private sector employees and government employees who have opted to contribute to the EPF.
No, at the moment KWAP does not give out dividends on the monthly contributions of its members.
No. KWAP does not send out annual statements to its contributors. However, the KWAP annual reports are distributed to contributing employers.
KWAP employers comprise Statutory Bodies (SB), Local Authorities (LA) and Agencies (AG) with pensionable employees.
Monthly contribution for permanent employees with pensionable status.
17.5% of the employee’s monthly basic salary. (Refer to Section 8 (1) of the Statutory and Local Authorities Pensions Act 1980 (Act 239).)
Example: Basic Salary Cost of living allowance (COLA) Housing allowance Civil service allowance Total emolument Monthly contribution | : RM1,867.03 : RM 300.00 : RM 300.00 : RM 160.00 : RM2,627.03 : RM1,867.03 x 17.5% RM 326.73 |
a. Electronic (EFT/TT/RENTAS)
b. Cheque
The KWAP Act permits investments based on asset allocation for domestic and international exposure such as equities, fixed income securities, money market instruments and other forms of investment that have been reviewed by the Investment Panel and gained the Board’s approval. KWAP’s investments also support ESG and Shariah compliance.
