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Challenges facing Malaysia pension scheme in an era of ageing population

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  • Jaafar, Roslan
  • Daly, Kevin James
  • Mishra, Anil V.

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.

Suggested Citation

  • 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.
    • Handle: RePEc:eee:finlet:v:30:y:2019:i:c:p:334-340
    DOI: 10.1016/j.frl.2018.10.017
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    References listed on IDEAS

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    2. Ahmad Ghadwan & Wan Marhaini Wan Ahmad & Mohamed Hisham Hanifa, 2022. "Financial Planning for Retirement: The Mediating Role of Culture," Risks, MDPI, vol. 10(5), pages 1-20, May.
    3. Lučivjanská, Katarína & Lyócsa, Štefan & Radvanský, Marek & Širaňová, Mária, 2022. "Return adjusted charge ratios: What drives fees and costs of pension schemes?," Finance Research Letters, Elsevier, vol. 48(C).
    4. xinbang, Cao & Wang, Fei & Wang, Yang & Wang, Youxin, 2022. "An investigation of whether pensions increase consumption: Evidence from family portfolios," Finance Research Letters, Elsevier, vol. 47(PA).

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