Malaysian Army Veterans’ Outlay and Discernment towards Financial Aid

  • Mohd Zahid Laton
  • Harlina Yunus @ Junor
DOI: https://doi.org/10.24191/gading.v17i01.144
Keywords: Army veterans, financial incentive, SVTB1Malaysia

Abstract

In the announcement of the Malaysian Budget 2013, the Prime Minister proposed a compensation in the form of a financial aid to the army veterans who did not opt for the pension scheme after retiring from the military services. The amount of compensation was one thousand ringgit Malaysia and disbursed beginning January 2013. The one-off payment scheme was called “Sumbangan Veteran Tidak Berpencen 1Malaysia” (SVTB1Malaysia). This study focuses on the purpose of the money spent by the army veterans and the types of outlay whether for individual, family, or other purposes, and also their discernment towards the reward given. The population of this study was the army veterans who live in the rural part of the East Coast of Malaysia. The study was conducted during the distribution of the SVTB1Malaysia form.

Published
2017-06-07
How to Cite
Laton, M. Z., & Yunus @ Junor, H. (2017). Malaysian Army Veterans’ Outlay and Discernment towards Financial Aid. Gading Journal for the Social Sciences (e-ISSN 2600-7568), 17(01), 49-63. https://doi.org/10.24191/gading.v17i01.144
Issue
Vol 17 No 01 (2013): Gading Business Management Journal JUNE 2013
Section
Article/Paper

Copyright (c) 2013 Mohd Zahid Laton, Harlina Yunus @ Junor

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Authors who publish with this journal agree to the following terms:

1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.

3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.

License Terms

All articles are published under the Creative Commons Attribution–NonCommercial–ShareAlike 4.0 International License (CC BY-NC-SA 4.0). Full license: https://creativecommons.org/licenses/by-nc-sa/4.0/