LTAT has two main objectives:
- The first main objective is to provide retirement and other benefits to officers and members of the other ranks in the armed forces and a saving scheme for Mobilised Members of the Volunteer Forces.
- The second main objective is to offer retraining for the retiring and retired personnel of the armed forces.
To be a successful fund management organisation and a role model to other Government and corporate bodies.
LTAT’s three important mission statements as follows:
- To provide retirement and quality socio-economic benefits for members of the Malaysian Armed Forces.
- To assist in the nation’s economic development through prudent and profitable investment.
- To instill quality and positive work culture among the staff and work as a dedicated, responsible, disciplined, trustworthy, proactive and innovative team towards achieving a continually high performance growth.
LTAT is committed to be a respectable organisation to excel in the management of contributors’ fund and endeavour to fulfill customers’ expectations in terms of services rendered and return on contributors fund and continually improve the effectiveness of the quality management system.
Lembaga Tabung Angkatan Tentera, better known as LTAT, was established in August 1972 by an Act of Parliament which is the Tabung Angkatan Tentera Act (Act 101).
Under the superannuation scheme, serving members of the other ranks in the armed forces are required to contribute 10% of their monthly salary to LTAT with the government as employer contributing 15%. For officers, participation is voluntary and the contributions are a minimum of RM 25 with a maximum of RM2,000 monthly.