Company type | Statutory body |
---|---|
Industry | |
Predecessor | Pensions Trust Fund (Kumpulan Wang Amanah Pencen) |
Founded | 1 March 2007 |
Headquarters | Integra Tower, The Intermark Jalan Tun Razak, Kuala Lumpur, Malaysia |
Key people |
|
AUM | RM140.8 billion (2017)[1] |
Website | www |
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]