: The National Higher Education Fund Corporation , an agency under the Ministry of Higher Education , is committed to spreading the privileges and benefits of the National Education Savings Scheme by launching its fifth ‘Bulan Menabung Simpan SSPN 2022’ campaign starting yesterday.said the campaign aims at promoting the savings culture among members of Keluarga Malaysia and it is held in conjunction with World Savings Day which is celebrated on Oct 31 every year.
“Among the privileges offered for depositors are exemptions from income tax assessments of up to RM8,000 per year, competitive dividends, matching grants of up to RM10,000 each for eligible families, a scheme that is syariah-compliant and government-guaranteed,“ she said when speaking at the BMS 2022 launch ceremony here today.
Noraini said as of Aug 31, Simpan SSPN recorded a total deposit of RM12.81 billion with a total of 5.5 million accounts.
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