Retirement systems and pension reform: A Malaysian perspective

Habibah Tolos · Peijie Wang · Miao Zhang · Rory Shand

33 citations0/0 files storedInternational Labour Review

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Financial Literacy, Pension, Retirement Analysis Labor Law and Work Dynamics Social Policy and Reform Studies

Abstract

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.

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References

2005The Effects of Health, Wealth, and Wages on Labour Supply and Retirement Behaviour 2005Old-Age Income Support in the 21st Century 2005Old Age Income Support in the 21st century: An International Perspective on Pension Systems and Reform 2000Social security pensions : development and reform 2002Pension Incentives and the Pattern of Early Retirement 1995Pension Substitution in the 1980s: Why the Shift toward Defined Contribution?2005The Selection of Partial or Full Retirement by Older Workers 1983The Economics of Retirement Behavior

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2018Challenges facing Malaysia pension scheme in an era of ageing population

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