Armed Forces Fund Board

The Armed Forces Fund Board[2] (also commonly known by its Malay name Lembaga Tabung Angkatan Tentera and LTAT in short) is a statutory body which manages the pension fund for certain members of the Malaysian Armed Forces.

[1] The fund is considered the smallest among Malaysian government-linked investment companies,[2][3] and owns controlling stakes in several public listed companies in Malaysia, including Boustead Holdings and Affin Holdings.

[4] For officers, participation in the fund is voluntary, with no contribution towards their accounts by the Government of Malaysia.

[1][5] A compulsory non-pensionable contributor receives his/her retirement benefit in the form of a lump sum payment when he dies (next-of-kin), retires or is discharged from service, or reaches the age of 50.

[1][6] A compulsory pensionable contributor receives his/her retirement benefit on his/her death (next-of-kin), retirement or reaching the age of 50 in the form of a lump sum payment of his/her contribution, while the government-contributed portion is transferred to Retirement Fund (Incorporated) (the civil service pension fund) which then administers monthly pension payments.