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Retirement systems and pension reform: A Malaysian perspective

Author

Listed:
  • Habibah TOLOS
  • Peijie WANG
  • Miao ZHANG
  • Rory SHAND

Abstract

This paper reviews and assesses emerging issues in retirement systems and pension reform in Malaysia. The pension system models proposed by the ILO, the World Bank and the Geneva Association are compared and analysed, providing a useful conceptual framework for the design and reform of pension systems. This framework is then used to assess pension reforms in Malaysia, analysing the relative advantages and disadvantages for workers. The authors conclude by proposing a number of recommendations for retirement system design and reform.

Suggested Citation

  • Habibah TOLOS & Peijie WANG & Miao ZHANG & Rory SHAND, 2014. "Retirement systems and pension reform: A Malaysian perspective," International Labour Review, International Labour Organization, vol. 153(3), pages 489-502, September.
    • Handle: RePEc:bla:intlab:v:153:y:2014:i:3:p:489-502
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    File URL: http://hdl.handle.net/10.1111/j.1564-913X.2014.00211.x
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    References listed on IDEAS

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    Cited by:

    1. Jaafar, Roslan & Daly, Kevin James & Mishra, Anil V., 2019. "Challenges facing Malaysia pension scheme in an era of ageing population," Finance Research Letters, Elsevier, vol. 30(C), pages 334-340.
    2. Andriansyah, Andriansyah, 2016. "Savings and Investment in Indonesia," MPRA Paper 105254, University Library of Munich, Germany.
    3. Marhanum Che Mohd Salleh & Mohammad Abdul Matin Chowdhury & Siti Salwani Razali & Nan Nurhidayu Megat Laksana, 2020. "Retirement Schemes, its Challenges and Ways of Reformation: A Cross-Border Study," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 10(9), pages 507-520, September.
    4. Negin Vaghefi & Fatimah Kari & Muzalwana Abdul Talib, 2017. "Poverty and Income Replacement Profile Among EPF Retiree in Malaysia," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 132(3), pages 1065-1078, July.

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