TAP Retirement Planning session at Jabatan Pengajian Islam

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Saturday, 03 April 2021 – Tabung Amanah Pekerja (TAP) today held a retirement planning talk with employees and religious teachers from Brunei Muara Zone III under the Jabatan Pengajian Islam (Islamic Studies Department).

The talk was delivered by representative from the Retirement Planning Service Unit of TAP. The talk covers the schemes and services under TAP and the importance of retirement planning. Several factors that need to be considered were shared when making a retirement plan, such as retirement lifestyle goal, impacts of inflation on spending, retirement income required to live on during one's retirement years, and most importantly the action that needs to be taken now to ensure a sustainable retirement life.

TAP highlighted the availability of retirement calculators in its Mobile Application called 'TAP Brunei' App which can be used to estimate members TAP and SCP savings when they retire and also to estimate the savings gap they need to cover from now to achieve their retirement income goal.

Also shared during the talks was TAP's Voluntary Contribution facility. Members wishing to increase their retirement savings in TAP and SCP may voluntarily contribute more than the mandatory rates prescribed and this can be performed via online banking.

For information on the schemes and services under TAP, members of the public may visit TAP's website at www.tap.com.bn or by contacting TAP Call Centre at  2382800 / 2382929 or via email at ask@tap.com.bn.

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