KUALA LUMPUR – The second phase payment for the Cost of Living Aid (BSH) will be made on 28 May, said the Ministry of Finance.
The second phase payment involves close to 3.6 million BSH recipients with an estimated cost of RM1.42 billion.
Finance Minister Lim Guan Eng said, the BSH rate factors in the 3.23 million children aged 18 and below of the BSH recipients, with the exception of OKU children, where there is no age limit.
The payments will be credited to the bank accounts of the respective recipients.
An automatic bank account opening will be made by Bank Simpanan Nasional (BSN) for those who do not have a bank account, based on the agreement and consent made by the applicants in the BSH 2019 form.
The Ministry of Finance emphasized that the BSH is only given to those who truly deserve the aid, based on their income.
Every year, the Ministry of Finance through the Inland Revenue Board (IRB) will review the applications, including the information of the existing recipients to ensure that the information provided by the applicants are accurate and only those who truly deserve will receive BSH.
The verification process will be done thoroughly, especially in identifying their current income. The agency will also cross check with various agencies such as the National Registration Department (JPN), IRB, Accountant General’s Department of Malaysia (AGD), the Employees Provident Fund (EPF), the Retirement Fund (Incorporated) (KWAP), the Companies Commission of Malaysia (SSM) and other related agencies.
This is a usual process conducted annually by the IRB, he said.
To ensure that the BSH 2019 programme is targeted at those who truly deserves it, the appeal period will be opened from 1 July 2019 until 15 August 2019.
With the appeal process, a part of those who did not get the BSH are being given the room to appeal with relevant documents which will be verified by the IRB.
For further enquiries on BSH, a toll-free number has been set-up at 1-800-88-2747. Alternately, applicants may also email to [email protected].
BSH was formerly known as the 1Malaysia People’s Aid (BR1M) during the Barisan Nasional administration. – MalaysiaGazette