SERI KEMBANGAN: Prime Minister Datuk Seri Najib Razak today announced five new schemes for Malaysian Armed Forces (MAF) veterans including annual assistance for non-pensionable veterans and an annuity scheme. Sharing the good news in front of more than 15,000 MAF veterans at the MAF Veterans Assembly in conjunction with the launch of the Warriors’ Fund 2017 here, Najib announced the Bantuan Bakti Negara (BBN) aid scheme which would become the initial aid from the government specifically for non-pensionable MAF veterans. Najib said the BBN scheme was an extension of the scheme for MAF veterans which was introduced in 2013 namely the 1Malaysia Non-Pensionable Veterans Scheme. “This scheme was continued to ensure that the welfare of non-pensionable MAF veterans continued to be looked after by the government. Announcing the second initiative named Veterans’ Annuity Scheme (SAVe), Najib said the objective was to give a lifelong monthly income to would-be non-pensionable MAF veterans like those enjoyed by veterans receiving monthly pensions.

Source: New Strait Times July 31, 2017 09:45 UTC