Challenges facing Malaysia pension scheme in an era of ageing population

Autor: Roslan Ja'afar, Kevin James Daly, Anil V. Mishra
Rok vydání: 2019
Předmět:
Zdroj: Finance Research Letters. 30:334-340
ISSN: 1544-6123
DOI: 10.1016/j.frl.2018.10.017
Popis: 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.
Databáze: OpenAIRE