THE Olympic Council of Malaysia (OCM)-Carlsberg Athletes Retirement Scheme has a total value of RM3,075,000 and a total 88 athletes are beneficiaries of the programme.
Carlsberg came on board OCM as sponsor in 1994. The scheme was launched in 1998 when Malaysia hosted the Commonwealth Games in Kuala Lumpur.
Carlsberg Malaysia managing director Soren Ravn said the scheme was initiated with the aim to provide insurance coverage to deserving athletes.
“The scheme was also aimed at motivating athletes to excel and strive to reach greater heights. We hope to see Malaysia winning her first gold medal at the London Olympics in July,’’ said Ravn after the sponsorship ceremony in Kuala Lumpur recently.
Under the OCM-Carlsberg Athletes Retirement Scheme, a Whole Life policy valued at RM160,000 will be awarded to a gold medallist while it is RM80,000 for a silver and RM40,000 for a bronze. For medal-winning teams, the value of each policy will be divided equally by the number of team members.
For the Asian Games and the Common-wealth Games, a Whole Life policy valued at RM50,000 is provided for a gold medallist; RM25,000 each for members in a doubles team and RM10,000 for each member in a gold medal winning team (more than two players).
OCM secretary Datuk Sieh Kok Chi said the council would pay the annual premium for the policy until the 14th year.
“After this the benefiting athlete has the option to surrender the policy for cash; to continue with the policy without premium payment, with a death benefit of RM50,000 and still having the option to surrender the policy for cash. The athlete can also continue with the policy by paying the premium privately,’’ said Kok Chi.
Squash star Nicol David’s policies has a total value of RM250,000. The amount was for her gold medal-winning feats in the 1998, 2006 and 2010 Asian Games and the 2010 Commonwealth Games.
Badminton ace Lee Chong Wei has policies worth RM180,000 while wushu exponent Chai Fong Ying, karate champion R. Puvaneswaran and squash player Ong Beng Hee have policies valued at RM100,000 each.
1998 Commonwealth Games
Athletics: G. Saravanan; Badminton: Cheah Soon Kit, Choong Tan Fook, Lee Wan Wah, Ong Ewe Hock, Wong Choon Hann, Yap Kim Hock, Yong Hock Kin; Boxing: Sapok Biki; Rhythmic gymnastics: Thye Chee Kiat, Carolyn Au Yong, El Regina Tajuddin, Sarina Sundararajah; Shooting: Nurul Huda Baharin; Bowling: Kenny Ang Ah Tee, Heng Boon Hian; Weightlifting: Muhammad Hidayat Hamidon.
1998 Asian Games
Billiards & Snooker: Sam Chong, Ooi Chin Kay; Karate: C. Muralitharan, R. Muniandy; Squash: Nical David; Swimming: Lim Keng Liat.
2002 Commonwealth Games
Badminton: Ang Li Peng, Chan Chong Ming, Chew Choon Eng, Lim Pek Siah, Mohammad Hafiz Hashim; Lawn Bowls: Siti Zalina Ahmad; Weightlifting: Amirul Hamizan Ibrahim.
2002 Asian Games
Karate: S. Premila, R. Puvaneswaran; Squash: Ong Beng Hee; Bowling: Wendy Chai, Sarah Yap, Shalin Zulkifli; Wushu: Ho Ro Bin.
2006 Commonwealth Games
Badminton: Lee Chong Wei, Chan Chong Ming, Koo Kien Keat, Wong Choong Hann, Choong Tan Fook, Wong Pei Tty, Chin Eei Hui, Wong Mew Choo, Julia Wong Pei Xian, Ooi Sock Ai; Lawn Bowls: Siti Zalina Ahmad, Nor Iryani Azmi, Nor Hashimah Ismail, Azlina Arshad; Weightlifting: Mohd Faizal Baharom.
2006 Asian Games
Badminton: Koo Kien Keat, Tan Boon Heong; Squash: Ong Beng Hee, Nicol David; Bowling: Heng Boon Hian, Aaron Kong Eng Chuan, Daniel Lim Tow Chuang, Esther Cheah Mei Lan, Zandra Aziela, Wendy Chai, Choy Poh Lai, Sharon Koh, Shalin Zulkifli; Wushu: Chai Fong Ying; Sailing Rufina Tan Hong Mui.
2008 Olympic Games
Badminton: Lee Chong Wei
2010 Commonwealth Games
Badminton: Lee Chong Wei, Koo Kien Keat, Tan Boon Heong, Mohammad Hafiz Hashim, Chan Peng Soon, Chin Ee Hui, Wong Mew Choo, Lydia Cheah Li Ya, Woon Khe Wei, Goh Liu Ying; Cycling: Josiah Ng; Diving: Pandelela Rinong; Rhythmic gymnastics: Elaine Koon; Shooting: Bibiana Ng, Nur Suryani Mohd Taibi, Nur Ayuni Halim; Squash: Nicol David; Weightlifting: Amirul Hamizam Ibrahim, Aricco Jumitih.
2010 Asian Games
Cycling: Mohd Azizulhasni Awang; Karate: R. Puvaneswaran, Ku Jin Keat; Squash: Nicol David, Low Wee Wern, Sharon Wee, Delia Arnold, Mohamad Azlan Iskandar; Bowling: Alex Liew, Adrian Ang; Wushu: Chai Fong Ying.