Felda pays RM102.12 million in bonus to qualified settlers

The Federal Land Development Authority (Felda) has paid out RM102.12 million in the Settlers Productivity Incentive Bonus (BIPP) for the year 2012 to qualified settlers nationwide.

Deputy Minister in the Prime Minister's Department Datuk Ahmad Maslan said the payment was completed in the third week of December last year for 94,839 of 112,635 settlers as a sign of appreciation for their support to the oil palm and rubber industry development.

"The payment was based on two factors, namely loyalty towards the replanting programme and productivity based on harvest sent to Felda's mills," he told a reporters after attending the Felda Transformation Seminar here, Monday.

He said settlers, who abided by the replanting programme undertaken by Felda received a maximum payment of RM1,200 each while those who toiled their own land was evaluated based on harvest sold to Felda.

Ahmad said the BIPP payment for 2012, which was higher compared to RM101.87 million to 94,317 settlers the previous year, reflected an increase in the number of settlers sending their harvest to Felda mills, thus denying uncalled for claims before Felda's listing.