Dividen KWSP bagi 2008 hanya 4.5 peratus?

Berita kurang baik untuk pencarum Kumpulan Wang Simpanan Pekerja (KWSP) - kadar dividen bagi tahun 2008 dijangka serendah 4.5 peratus.

Berita itulah yang dimaklumkan oleh kesatuan sekerja kepada ahli-ahli mereka, dakwa sumber-sumber yang boleh dipercayai.

Menurut mereka, kadar itu terlalu rendah walaupun prestasi KWSP adalah baik dalam tempoh sembilan bulan pertama 2008 sepertimana dalam pengumuman keputusan prestasinya bagi suku ketiga tahun lalu.

Setiausaha Agung Kesatuan Kebangsaan Pekerja Bank (NUBE), J Solomon berkata, pencarum mengharapkan kadar dividen yang lebih baik kerana KWSP mendakwa pihaknya telah melabur dengan bijaksana dalam sekuriti jangka panjang.

“KWSP patut berkongsi keuntungannya dengan membayar kadar dividen yang lebih tinggi kerana kemelesetan ekonomi telah mengakibatkan ribuan orang hilang pekerjaan,” tambahnya.

Anggota Majlis Eksekutif Kongres Kesatuan Sekerja Malaysia (MTUC), A Sivananthan juga berkata, beliau mendapat tahu bahawa dividen KWSP bagi 2008 adalah 4.5 peratus.

Ekoran itu, beliau berkata KWSP sepatutnya menukar para penasihat pelaburannya kerana kadar dividen tersebut, hanyalah separuh daripada dividen yang dibayar oleh Permodanan Nasional Berhad (PNB)>

Sumber

haha noob kwsp~

sad news…

KUALA LUMPUR, March 17 Despite earning a record RM20 billion in gross income in 2008, a cautious Employees Provident Fund has declared a 4.5 per cent dividend for its members and blamed the lower rate of returns on the global financial crisis.

The state pension fund had declared 5.8 per cent in 2007 when it just earned RM18.29 billion. In 2008, its gross income jumped 9.36 per cent for EPF to record its highest ever earnings of RM20 billion.

While last year was challenging due to the unprecedented global financial crisis that has impacted economies worldwide, EPFs investment portfolio for the year performed better at the gross income level compared to 2007, EPF chairman Tan Sri Samsudin Osman said in a statement.

But due to the sharp decline in the equity markets, a large provision has to be made, resulting in marked reduction in net income.

The dividends will be credited into members accounts on March 23. Union sources had already indicated the lower dividend but were hoping the announcement would prove them wrong.

One of Malaysias five government linked investment companies (GLICs), EPFs main investments are in government securities and bonds apart from the equity markets. It holds substantial shares in government-linked companies (GLCs) such as banks and infrastructure companies.

Late last year, it loaned RM5 billion to Valuecap Sdn Bhd for its activities to buy Malaysian stocks much to the consternation of the general public. The figure was deemed high as the first stimulus package was only RM7 billion.

Valuecap was formed in 2002 with a capital of RM 50 million in equity provided equally by Khazanah Nasional Berhad, Permodalan Nasional Berhad and Majlis Kumpulan Wang Amanah Pencen. The three GLICs provided RM10 billion in bonds for Valuecaps investments.

In the statement, EPF said its net income for 2008 was RM14.26 billion, after deducting allowances for diminution in value of equities and doubtful debts, dividends for withdrawals, investment expenses, operational expenses, and death and incapacitation benefit payments.

This represented a decrease of 15.47 per cent over 2007 net income of RM16.87 billion.

Equities accounted for 34.82 per cent of the EPFs total gross investment income. The EPF earned RM6.67 billion from equities which was the second largest contributor to income in 2008 compared to RM5.37 billion in 2007.

Up until September last year, the EPF was doing well in equities. However, following the effect of the global financial meltdown, our performance in equity investments recorded a drop of less than 20 per cent, which impacted our dividend payout.

This, however, compares better with that of the KLCI which was down approximately 40 per cent from end of December 2007 to December 2008, said Samsudin.

As a result of the sharp fall in global equity prices and following a conservative provisioning policy in accordance with accounting best practices, the EPF made allowances of RM4.69 billion for diminution in value of both overseas and local equities, compared to only RM520 million in 2007.

Out of the 2008 provision, RM3.20 billion was allocated for overseas equities.

The fundamentals of the companies we have invested in remain strong and we are confident that this provision will be written back once recovery takes place, he said.

Source

stupid government wif stupid leader and stupid rakyat

Means that u are not the rakyat?? :mrgreen:

biasa lah… gov… never rugi… only rakyat rugi…

Wouldn’t be suprised at all if the goverment utilise our EPF retirement fund to bailout sinking corporates and act as their non ending so called economic stimulus package.

Perhaps only 1% of the stimilus packages reach the rakyat only. What a circus of goverment.

The global economic downturn is indeed the BEST Excuse expected for the already low dividends paid-out over the years.