Pensioners / derivative pension recipients and dependant pension recipients of Federal, State, and Statutory and Local Authorities who have received pensions effective from 1 January 2013.
The payment will be made beginning from January 2013 for pensioners / derivative pension recipients and dependant pension recipients who received monthly pensions in 2012.
No. Instead, pensioners / derivative pension recipients and dependant pension recipients will receive the pension adjustment every year at the increment rate of 2 percent.
Calculation Formula: [Current pension amount + (Current pension amount × 2/100)]
Example of the calculation of adjustment at a 2 percent increment rate per year:
Encik Ahmad received a pension of RM1000.00 per month in 2012. How much are Encik Ahmad’s pension amounts from 2013 to 2016 including the 2 percent increment?