Empirical Study on Impact of Demographic and Economic Changes on Pension Cost

• Main Authors: Shaira, Yusof, Rose Irnawaty, Ibrahim
• Format: Conference Paper
• Language: en_US
• Published: Amer Inst Physics 2015
• Subjects: mortality rates; interest rates; pension cost; Accrued Benefit Cost Method; Projected Benefit Cost Method
• Online Access: http://ddms.usim.edu.my/handle/123456789/8942
• Institution: Universiti Sains Islam Malaysia

A continuation of the same financial standard of living after retirement as before is very importance to retired person. The pension provider has a responsibility to ensure their employees receive the sufficient benefit after retirement and regularly monitor the factors that cause insufficient funds...