Skim Persaraan Kebangsaan

Gold Generation (Age 60 and Above)

Learn more about the SPK Gold Generation who are Citizen and Permanent Resident (Stateless) Members automatically join the SPK scheme immediately at the implementation of Skim Persaraan Kebangsaan.

 Go to SPK Gold Generation (Age 60 and Above)

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 

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Dependant protected with Derivative Benefit

Things you need to know about SPK Gold Member Annuity


For Members with SCP balance ABOVE $12,000.00 (before SPK conversion)


If SCP has been withdrawn and Member is already receiving SCP Annuity:

  • The annuity will be automatically increased to a minimum of $250 per month.

  • The annuity will be paid for a lifetime.


If the SCP has not been withdrawal at age 60:

  • The SCP balance will be transferred to the SPK Member account.

  • Withdrawals will be subject to SPK Member account terms and conditions.
  • Member will receive SPK Annuity (monthly) at least $250 per month and paid for a lifetime.

For Members with SCP balance BELOW $12,000.00 (before SPK conversion)


If the SCP was received as a Lump Sum:

  • Member will receive a minimum of SPK Annuity of $250 per month.

  • The payout period will be based on the Government Assistance amount.



If the SCP has not been withdrawn at age 60:

  • The SCP balance will be credited to the SPK Member account.

  • Withdrawals will follow SPK Member account terms and conditions.
  • Member will receive a SPK Annuity of at least $250 per month.
  •  Payout period will depend on the Government Assistance amount.