A Employees Trust Fund (TAP) roadshow on the National Retirement Scheme (SPK) will be held at Supa Save Seria in the Belait District from January 23 to 25, 9am to 4pm.
The roadshow will share information on the process of naming an administrator to manage the administration of SPK members’ savings after they pass away.
The process will speed up the payment of their SPK savings to heirs and dependents.
Members are allowed to appoint no more than three nominee administrators consisting of their spouse, children (aged 18 and above), parents, siblings or lawyers/Syar’ie lawyers.
If SPK members wish to appoint nominee administrators during the roadshow, they must bring original supporting documents.
If the individual appointed is a spouse, the supporting document needed is a copy of the solemnisation certificate. If the individual is one of their children (aged 18 and above) or a sibling, a copy of the birth certificate is required.
If the individual is a registered adopted child, a copy of the adoption certificate is needed, and if a lawyer/Syar’ie lawyer is appointed, a copy of the agreement between the parties is required.
Members will receive clarification on the complete process and responsibilities borne by the administrator, who is responsible for receiving and administering the SPK savings of members who have passed according to Syara’ law or according to a will (if the deceased is not a Muslim) and not as single heir. – Rokiah Mahmud
