Malaysian Pension Payment Dates 2017
Pension scheme in malaysia also extends pension benefits to a deceased pensioner s dependants who passed away either while still in the government service or after retirement.
Malaysian pension payment dates 2017. Print this page email the link at optrust pensions are paid on a monthly basis usually on the 26th except for december when the pension is paid by the 20th. For your convenience we offer direct deposit to the financial institution of your choice. E mass electronic medical automation supply system 2016 pension payment dates pension payment dates for year 2016. On top of that the government has also implemented an automatic annual increase of two per cent to the monthly pension sum paid in 2013 onwards.
2016 2017 malaysian tax booklet a quick reference guide outlining malaysian tax information the information provided in this booklet is based on taxation laws and other legislation as well as current practices including legislative proposals and measures contained in the 2017 malaysian budget announced on 21 october 2016. The minimum pension payment for the same group of government retirees was then increased to rm950 from 2016 and then to rm1 000 in 2018 which will benefit over 50 000 retirees. The cssb encourages recipients to use direct deposit as we cannot control the delivery of payments mailed on the second last business day of the month. If you set up direct deposit payments will be deposited in your account on these dates.
Pension recipients of the cssb receive their pension payments on the second last business day of the month either through direct deposit or mail. However if the 26th falls on a saturday or sunday the pension is paid the previous friday. Opportunity for government pensioners pension recipients to get welfare aid malaysian government pensioners can be. This benefit is known as derivative gratuity and derivative pension.
In december your pension payment is made before december 25. Application for funeral arrangement expenses application form for scheme a reprensentative hrmis to be attached together with the jpa bp hrmis01. Pension payment dates. Your pension is payable on the second last banking day of each month except in december.
Month date day remark january. Pension payment date for year 2020. 25 saturday 26 sunday january 2020.