Empirical study on impact of demographic and economic changes on pension cost

• Main Authors: S., Yusof, R.I., Ibrahim
• Format: Conference Paper
• Language: en_US
• Published: American Institute of Physics Inc. 2015
• Subjects: Accrued Benefit Cost Method; Interest rates; Mortality rates; Pension cost; Projected Benefit Cost Method
• Online Access: http://ddms.usim.edu.my/handle/123456789/9189
• 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...