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...

Full description

Bibliographic Details
Main Authors: Wee Yeap Lau, Muhammad Irfan Abdul Rahman
Format: Article
Language:English
Published: Universiti Utara Malaysia 2023-06-01
Series:The International Journal of Banking and Finance
Subjects:
Online Access:https://e-journal.uum.edu.my/index.php/ijbf/article/view/17719