Comparison of Singapore’s CPFLife and Denmark’s Pension Schemes against the world bank’s 5 pillar model

• Main Authors: Ang, Eunice Li Jun, Lee, Kelly Cher Wei, Kong, Melissa Sze Min
• Other Authors: Chew Soon Beng
• Format: Final Year Project
• Language: English
• Published: 2011
• Subjects: DRNTU::Social sciences::Economic theory
• Online Access: http://hdl.handle.net/10356/44792
• Institution: Nanyang Technological University

This paper seeks to analyse the ability of different pension systems to cope with the pressures of population aging. We chose 2 distinct pension systems: Singapore’s CPFLife and Denmark’s pension system where one is mainly self-funded while the other is financed by a pay-as-you-go structure. To ensu...