System dynamics approach as a risk management tool in analyzing pension expenditure: The case on Malaysian employees public pension plan

Malaysian employees' public pension plan was studied to analyze pension expenditure due to salary risk and demographic risk.By integrating risk management and System Dynamics (SD) approach, the risk factors involved were identified, a causal loop diagram was constructed, and the SD model was de...

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Bibliographic Details
Main Authors: Sapiri, Hasimah, Kamil, Anton Abdulbasah, Mat Tahar, Razman
Format: Article
Language:English
Published: World Scientific Publishing Company 2014
Subjects:
Online Access:http://repo.uum.edu.my/19410/1/TSER%2059%205%202014%201-24.pdf
http://repo.uum.edu.my/19410/
http://doi.org/10.1142/S0217590814500465
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Institution: Universiti Utara Malaysia
Language: English