TAP Incapacitation Withdrawal
TAP Incapacitation Withdrawal
Members are eligible to withdraw if a Member is certified physically or mentally incapacitated from engaging in any further employment by the Medical Board and fulfills all the eligibility requirements.
When a Member is incapacitated, upon withdrawal application Member must be informed on the following:
- Member must obtain a certification from the Medical Board to verify that he or she is unfit to continue to work.
The withdrawal payment to the Member is in lump sum.
Members will use their own savings from the TAP account until the age of 60 to last until before the SPK Retirement Account can be withdrawn for retirement.
Eligibility
Age
below 55 Years Old
Amount
100% of the TAP Account balance.
Payment Method
Paid in
lump sum to the Member
Documents Required
Ensure the documents required are complete before proceed with submission.
A complete withdrawal application form.
Copy of Member’s Identity card.
Copy of Resignation Letter (if available).
Medical Board Report.
Guardian Appointment of Property ad-Litem for Members who are mentally incapacitated from:
- Civil Court for Non-Muslim Members.
- Syariah Court for Muslim Members.
- Letter of Undertaking by Guardian of Medically Unfit or Unsound Mind Member of the Fund (if required).
- Copy of Member's latest bank book and statement.
Application Form
Click to download
