Two new withdrawal facilities part of retirement scheme improvement: LTAT chairman

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He said the two facilities announced by Senior Defence Minister Datuk Seri Hishammuddin Tun Hussein(pix), today, also added value to the well-being of its contributors. theSun thesundaily LTAT withdrawalfacilities

: Two new withdrawal facilities, namely Haj Withdrawal and Education Withdrawal, announced today, are parts of the efforts to improve the Armed Forces Fund Board retirement scheme, said board chairman, Gen Tan Sri Raja Mohamed Affandi Raja Mohamed Noor.The board was committed to providing the best service to contributors, and supported the government’s aspirations in ensuring their well-being was always a priority, he said.

Raja Mohamed Affandi said the main terms and conditions for the haj withdrawal include a maximum withdrawal amount of RM10,000, and contributors must have contributed to LTAT for at least 15 years. “This move is an initiative to ease the financial commitment for contributors who want to further their studies to the tertiary level.

 

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