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Only 10 Pct Of Former Teachers Have Retrieved Unclaimed KWSG Contributions
Only 10 Pct Of Former Teachers Have Retrieved Unclaimed KWSG Contributions

Barnama

time21-04-2025

  • Business
  • Barnama

Only 10 Pct Of Former Teachers Have Retrieved Unclaimed KWSG Contributions

GENERAL By Suraidah Roslan KUALA LUMPUR, April 21 (Bernama) -- Only 10 percent of former teachers who contributed to the Teachers Provident Fund (KWSG) between 1962 and 1972 have come forward to retrieve their unclaimed money from the Accountant General's Department as of April 2025. Tun Hussein Onn Teachers' Foundation (YGTHO) chief executive officer, Zahiruddin Mohammad Hanif, said this figure represents 185 former teachers or their heirs who have made claims. As a result, the unclaimed funds under the Unified Teachers Service (UTS) scheme have decreased to RM11.7 million from RM13.58 million in 2018, he said. 'Since the announcement in 2018, not many heirs have come forward. Out of 1,910 contributors, 1,725 have yet to make a claim. So far, fewer than 200 individuals have come forward, which is only about 10 percent. 'The contributors were UTS teachers who served between 1962 and 1972. They are not recipients of government pensions,' he told Bernama. He dismissed recent claims circulating online that the unclaimed KWSG contributions of former UTS teachers have reached RM135 million. Zahiruddin explained that contributions categorised as unclaimed funds remain with the Accountant General's Department, and may still be retrieved at any time. Commenting on the delay in claims, he said many families were unaware their relatives had contributed to the KWSG and outdated contact information makes it difficult for the foundation to reach them.

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