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: |
UUM Press
2023
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Subjects: | |
Online Access: | https://repo.uum.edu.my/id/eprint/29663/1/IJBF%2018%2002%202023%2097-126.pdf https://doi.org/10.32890/ijbf2023.18.2.5 |