Friday, August 10, 2012

KWAP (Kumpulan Wang Persaraan)

Kumpulan Wang Persaraan (Diperbadankan)("KWAP") or the Retirement Fund (Incorporated) was established on 1st March 2007 under the Retirement Fund Act 2007 Act 662) replacing the repealed Pensions Trust Fund Act 1991 (Act 454).
The objective of KWAP is to manage the fund established under Section 13 of Retirement Fund Act 2007 (Act 662) towards achieving optimum returns on  its investments. The Fund shall be applied towards assisting the Federal Government in financing its pension liability.

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