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Pensioners

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Pension Statement

Pensioners or those receiving derivative pensions can print their statements here.

 

Change of Bank Account

To avoid disruption in pension payment processing, a change of bank account is limited to once every 12 months. Approval regarding a change in bank account is subject to KWAP’s discretion. Each application form needs to be submitted together with a copy of the bank statement.

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List of Payment Panel Banks

The following is a list of banks that participate in the Pension Payment System:

  • 1
    Bank Muamalat (M) Berhad
  • 2
    Malayan Banking Berhad (Maybank)
  • 3
    Bank Simpanan Nasional
  • 4
    Affin Bank Berhad
  • 5
    CIMB Bank Berhad
  • 6
    Bank Islam Malaysia Berhad
  • 7
    Public Bank Berhad
  • 8
    Alliance Bank Berhad
  • 9
    RHB Bank Berhad
  • 10
    HSBC Bank Malaysia Berhad
  • 11
    Bank Kerjasama Rakyat (Malaysia) Berhad
  • 12
    Hong Leong Bank Berhad
  • 13
    Agro Bank Berhad
  • 14
    AmBank (M) Berhad (Scheme A payment only)
  • 15
    United Overseas Bank (M) Berhad (Scheme A payment only)
  • 16
    Standard Chartered Bank (M) Berhad (Scheme A payment only)

Notes:

The use of CIMB Islamic account for payment under Scheme B is not allowed.

Information update on Marital Status / Children

An update on marital status or children may be made to KWAP by enclosing a copy of the marriage / divorce / birth certificate (where applicable).

Pension Adjustment

Effective 1 January 2013, the method for pension adjustment has been improved, whereby pensioners will enjoy increments of two percent (2%) annually.
Prior to that, from 1 July 1980 until 2012, pension adjustments were made when there was a salary revision for civil servants. The civil servants’ salary review takes place once in four or five years.

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