EMPLOYEE GUIDELINES 

WHO SHOULD CONTRIBUTE?

Local employees who are:

Citizens and permanent residents of Brunei Darussalam and aged below 55 years, including Directors or business owners, permanent employees, contract employees, temporary employees and employees on probation

 

REGISTRATION 

All employers are required to register their new employees with TAP.

If the employee is already registered with TAP, any changes in information, the employer is required to inform TAP of the changes via email and filling in a form. Employees can also inform TAP of any changes in their personal information. (refer to 'Resources')

 

 CONTRIBUTION

 The contribution rate is 5% from employees' basic salary and the other 5% will be paid by your employer. 

 The calculation of your contribution payment should be round up to the next dollar.

 

 DIVIDEND

 The savings will be invested and dividends will be declared. However the dividend rate declared is not fixed and it will depend on the prevailing market conditions.   

 

MEMBERS STATEMENT OF ACCOUNT  

The latest update of your savings can be obtained either visiting any of TAP counters, through e-kiosk or online, e-Amanah at www.tap.com.bn 

 

WITHDRAWAL SCHEMES

Under Employee Trust Act Chapter 167 Section 17, members who have reached 55 years old are allowed to make full withdrawal. However, they may opt to withdraw their funds through the following schemes (refer to 'Our Services'):

 TAP 50, Incapacitated, Next-of-Kin, Housing and Emigration.