Retirement Fund (Incorporated)

Kumpulan Wang Persaraan (Diperbadankan)
Retirement Fund (Incorporated)
Company typeStatutory body
Industry
PredecessorPensions Trust Fund (Kumpulan Wang Amanah Pencen)
Founded1 March 2007; 17 years ago (2007-03-01)
HeadquartersIntegra Tower, The Intermark
Jalan Tun Razak, Kuala Lumpur, Malaysia
Key people
AUMIncrease RM140.8 billion (2017)[1]
Websitewww.kwap.gov.my/en/

Retirement Fund (Incorporated) (Malay: Kumpulan Wang Persaraan (Diperbadankan); KWAP) is a statutory body which manages the pension scheme for Malaysia's public employees. KWAP is the investment manager of the Retirement Fund, which is applied towards financing the government's pension liability, and is responsible for the administration and payment of pension to public sector retirees.[1] KWAP is one of three main bodies in Malaysia's pension system, the others being the Employees Provident Fund (for private sector employees) and Armed Forces Fund Board (for military personnel).[1] It is also regarded as one of Malaysia's government-linked investment companies (GLICs).[2][3]

  1. ^ a b c "Annual Report 2017" (PDF). Retirement Fund (Incorporated). 2017-12-31. Retrieved 2019-01-06.
  2. ^ Kamarul Azhar (2018-10-15). "KWAP poised for change at the helm". The Edge. Retrieved 2019-01-06.
  3. ^ "M'sia's seven GLICs doing well". Free Malaysia Today. 2016-07-21. Retrieved 2019-01-06.