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.
Original language | English |
---|---|
Pages (from-to) | 334-340 |
Number of pages | 7 |
Journal | Finance Research Letters |
Volume | 30 |
DOIs | |
Publication status | Published - 2019 |
Keywords
- Malaysia
- aging
- older people
- pension trusts
- pensions