Abstract
This study introduces a comprehensive evaluation tool to study the performance of pension schemes. The Pension Scheme Performance Index (PSP-Index) suggests the following factors: education infrastructure growth rate (∆V1); training programs growth rate (∆V2); diet improvement growth rate (∆V3): health coverage growth rate (∆V4); life expectancy growth rate (∆V5); pensions coverage growth rate (∆V6); labor market demand growth rate (∆V7); total tax collection growth rate (∆V8); and capital expansion growth rate (V9). Study findings show a direct link between pension performance and labor productivity. The model investigates pension scheme performance of five ASEAN-member countries – Singapore, Malaysia, Indonesia, Thailand and Philippines.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.