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Kwap Login and Sign Up: App for Malaysia’s largest Public Services Pension Fund
Are you a Malaysian worker engaged in any public work that requires or needs pension at the end of your retirement service? if you are working in an organization that needs Kwap app (Kwap Login and Sign Up) for a payment level based on retirement status then you should consider knowing more about the Kwap app login. However, there are different steps on how to start up and log in into the app, that is why this post is available to give out information about the Kwap app sign up.
Are you interested? then lets match down to the Kwap app information ground for you to know more…
First of all I know most people are confuse with the full meaning of the word KWAP. This means that Kwap is an acronym for : Kwap: Kumpulan Wang Persaraan (Malay: Retirement Fund).
KWAP, which manages the retirement savings of civil servants, with a total fund size of RM140.8 billion*. KWAP is one of the country’s key investment arms which was incorporated in 2007.
The app’s investment was based on equity valuation in December with financial year earnings before interest, tax, depreciation and amortization multiple of times.
Kumpulan Wang Persaraan also called KWAP is Malaysia’s public services pension fund. They manages investment portfolios, employer contributions, and pension pay outs.
The Core Details of the Kwap Login (Kwap Login and Sign Up)
There are more information about the Kwap development and its services towards helping workers to achieve their main interest.
For the records, the Retirement Fund was established on 1 March 2007 under the Retirement Fund Act 2007 (Act 662) replacing the repealed Pensions Trust Fund Act 1991 (Act 454).
Pensions Trust Fund Act 1991 (Act 454) was enacted to assist the Federal Government in funding its pension services established on 1 June 1991. They were funded with a launching grant of RM500 million from the Federal Government.
The Pensions Trust Fund was managed by the Accountant-General of Malaysia being responsible for the day-to-day administration and management of the affairs of the Pensions Trust Fund.
KWAP says 87.5% of its investment assets were managed internally in 2019, slightly up from 87% in 2018, and the balance 12.5% were managed externally.
The app login is Malaysia’s second largest pension fund, KWAP delivered a stellar performance by focusing on a diversified portfolio of asset classes.
The pension fund has picked a $100 million stake in edotco, the telecommunications infrastructure services unit of mobile network operator Axiata Group Bhd.
Furthermore, from the assets of 2019, Kwap annual report shows that assets rose 8.04% as investment income and surged more than five-fold.
Finally, even though they have strong performance across all assets, the pension fund has to first present its audited financial accounts to Parliament before public release.
Follow these easy steps to kwap login
- Step 1. Go to kwap login page via official link below.
- Step 2. Login to website with your username and password
- Step 3. If you still can`t access kwap login then choose another link from the list below.
FAQs on the Kwap Login (Kwap Login and Sign Up)
Who contributes to Kwap app?
What is the difference between KWAP and Kwsp?
How do I register my Kwsp account?
How do I check my Kwsp balance? (Kwap Login and Sign Up)
What is Kwap Malaysia?
Links and websites for the Kwap Login
Note: Kindly contact KWAP Call Centre at 03-8887 8777 during the operating hours or email them at firstname.lastname@example.org for any pension related matters.