Thursday, September 8, 2011

KWSP Annual Report & Statistic 2010

As a member of KWSP, we should be aware how KWSP perform and operate. Therefore, reading the annual report is a must.

INTERESTING FACT (page 130)
As at 31 December 2010, there are 6.038 million active members but only 117,549 members have saving more than RM300,000 - that is less than 2% of the active members have a considerable substantial saving in KWSP. Wow!

For those at age 54 by 31 December 2010, the average saving is only RM145,733 FOR ACTIVE MEMBERS and RM23,655 for non-active members.



DIVIDEND RATE SINCE 1980

YEAR               PERCENTAGE (%)
1980 – 1982     8.00
1983 – 1987     8.50
1988 – 1994     8.00

1995                 7.50
1996                 7.70
1997 – 1998      6.70
1999                 6.84
2000                 6.00
2001                 5.00
2002                 4.25
2003                 4.50
2004                 4.75
2005                 5.00
2006                 5.15
2007                 5.80

2008                 4.50
2009                 5.65
2010                 5.80


Fund Size       
Year           RM Billion    Growth %
2006               285.9             
2007               313.0              9.5%
2008               342.0              9.3%
2009               371.3              8.5%
2010               440.5            18.6%

Why suddenly in year 2010, the fund size grew so fast? It is more than double as compared to past few years. I guess it is because less people withdraw the fund as the FD rate and Borrowing cost reducing during the period from 2009 to 2010.


Click here for full report.