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Abstract Over the past decade remarkable changes in Malaysia's demographic composition has occurred; featuring increased life expectancy, falling fertility and population ageing. These trends raise the issue of the sustainability… Click to show full abstract
Abstract Over the past decade remarkable changes in Malaysia's demographic composition has occurred; featuring increased life expectancy, falling fertility and population ageing. These trends raise the issue of the sustainability of Malaysia's existing pension scheme in providing future pensioners with an income to cover basic needs. This study analyses the need to reform Malaysia's existing pension scheme in the light of the current demographic challenges facing the country.
Keywords:
pension;
pension scheme;
population;
challenges facing;
facing malaysia
Journal Title: Finance Research Letters
Year Published: 2019
Link to full text (if available)
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Journal Title: Finance Research Letters
Year Published: 2019
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!