Retirement


The Malaysian Armed Forces Fund, better known as Lembaga Tabung Angkatan Tentera (LTAT) members will receive a 14 percent dividend for financial year end 2010.

LTAT recorded an unaudited total income of RM747.5 million in 2010 and it is the highest in its 38-year history.

The 14 percent dividend comprise 7 per cent dividend, 1 per cent bonus and 6 per cent special bonus in the form of unit trusts.

The total payout to LTAT members is RM616.3 million, a 7.2 per cent increase over the previous year’s RM575.2 million.

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