SHAH ALAM, Jan 31 — Babies born in Selangor this year will receive RM100 annually in savings until they reach the age of five, via the Iltizam Anak Selangor (Anas) initiative.
Menteri Besar Dato’ Seri Amirudin Shari said each participant will receive a National Education Savings (SSPN) Prime scheme account, as well as a National Higher Education Fund Corporation (PTPTN) loan.
“We are changing this program from the Warisan Anak Selangor Fund (Tawas) to Anas or Iltizam Anak Selangor.
“Beginning this year, for those who give birth in Selangor, the first five years of their child’s life will see a RM100 contribution from the state government,” he said in a Facebook video yesterday.
Amirudin said he hopes parents will also increase their savings every year, thus making the practice of saving for the future of their children’s education habitual.
“We believe parents can also save or contribute for their children, and the Federal government has provisions (to that end).
“For example, if you save RM1,000 for a child, the Federal government will add another RM1,000, making it RM2,000 for the child’s education once he or she reaches the age of 18,” he said.
During the tabling of the 2023 Selangor Budget on November 25 last year, the state government allocated RM3 million to realise Anas, with a target of 30,000 children born in Selangor this year who will receive the benefits.
Applications for Anas, which opened on August 1 last year, can be made online at anas.yawas.com.my. Conditions include the infant for whom the application is for must be born in Selangor from 2022 onwards, a Malaysian citizen, and a resident of the state.
Similarly, the infant’s parents must also be Selangor citizens residing in the state, registered to vote in Selangor, as well as aged 18 and above.