IS THE KWAP DEFINED BENEFIT PENSION FUND SUSTAINABLE IN THE LONG RUN?
The Retirement Fund Incorporated (KWAP) manages the civil servant pension fund. It is a statutory body governed by the Ministry of Finance to manage Malaysia’s civil employees’ pension scheme. In order to examine the fund’s long-term sustainability, this study simulates 560 scenarios to examine the...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universiti Utara Malaysia
2023-06-01
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Series: | The International Journal of Banking and Finance |
Subjects: | |
Online Access: | https://e-journal.uum.edu.my/index.php/ijbf/article/view/17719 |