SPK Gold Generation Benefits
Members who are Citizens and Permanent Residents (Stateless) of Brunei Darussalam are entitled to the same SPK Retirement Account benefits as regular SPK Members.
Annuity up to lifetime
Minimum Annuity of $250 for Members with Brunei Citizenship and Permanent Resident (Stateless)
Annuity Inflation Adjusted
Dependant protected with Derivative Benefit
Things you need to know about SPK Gold Member Annuity
Members with SCP balance ABOVE $12,000.00 (before SPK conversion)
Those receiving SCP Annuity,
will be automatically increased to a minimum of $250 per month and paid for a lifetime.
Those That Have Not Withdrawn SCP at age 60,
SCP balance that has not been withdrawn from age 60 until SPK is implemented will be transferred to the SPK Member Account. Withdrawal is subject to SPK Member Account terms and conditions.
SPK Annuity (monthly) will be a minimum of $250 per month and paid for a lifetime.
Members with SCP balance BELOW $12,000.00 (before SPK conversion)
Those Who Received SCP Lump Sum,
SPK Annuity (monthly) will be a minimum of $250 per month. Payout period is subject to Government Assistance amount.
