{"id":1804,"date":"2021-06-03T00:51:17","date_gmt":"2021-06-02T16:51:17","guid":{"rendered":"https:\/\/www.ukm.my\/jem\/?post_type=article&#038;p=1804"},"modified":"2021-09-09T12:31:54","modified_gmt":"2021-09-09T04:31:54","slug":"the-malaysian-government-pension-scheme-whither-its-future-direction","status":"publish","type":"article","link":"https:\/\/www.ukm.my\/jem\/article\/the-malaysian-government-pension-scheme-whither-its-future-direction\/","title":{"rendered":"The Malaysian Government Pension Scheme . Whither Its Future Direction?"},"content":{"rendered":"<p>Public sector employees in Malaysia are covered by the Government pension scheme. Benefits provided by the scheme include retirement benefits, survivor benefits and disability benefits. The financing of the scheme by the Government is a cause of concern in view of the large absolute amount of expenditure on pension benefits and the rising trend of such expenditures. This paper examines the financing of the pension scheme and the causes of its increasing costs as well as alternative options to the current system.<\/p>\n","protected":false},"template":"","tags":[],"jel-code":[],"article-type":[1329],"class_list":["entry","author-jem","post-1804","article","type-article","status-publish","article-type-normal-article"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Malaysian Government Pension Scheme . Whither Its Future Direction? | Jurnal Ekonomi Malaysia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ukm.my\/jem\/article\/the-malaysian-government-pension-scheme-whither-its-future-direction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Malaysian Government Pension Scheme . Whither Its Future Direction? | Jurnal Ekonomi Malaysia\" \/>\n<meta property=\"og:description\" content=\"Public sector employees in Malaysia are covered by the Government pension scheme. Benefits provided by the scheme include retirement benefits, survivor benefits and disability benefits. The financing of the scheme by the Government is a cause of concern in view of the large absolute amount of expenditure on pension benefitsContinue Reading\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ukm.my\/jem\/article\/the-malaysian-government-pension-scheme-whither-its-future-direction\/\" \/>\n<meta property=\"og:site_name\" content=\"Jurnal Ekonomi Malaysia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Jurnal-Ekonomi-Malaysia-JEM-104142808087485\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-09T04:31:54+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@EkonomiJurnal\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/the-malaysian-government-pension-scheme-whither-its-future-direction\\\/\",\"url\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/the-malaysian-government-pension-scheme-whither-its-future-direction\\\/\",\"name\":\"The Malaysian Government Pension Scheme . 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The financing of the scheme by the Government is a cause of concern in view of the large absolute amount of expenditure on pension benefitsContinue Reading","og_url":"https:\/\/www.ukm.my\/jem\/article\/the-malaysian-government-pension-scheme-whither-its-future-direction\/","og_site_name":"Jurnal Ekonomi Malaysia","article_publisher":"https:\/\/www.facebook.com\/Jurnal-Ekonomi-Malaysia-JEM-104142808087485","article_modified_time":"2021-09-09T04:31:54+00:00","twitter_card":"summary_large_image","twitter_site":"@EkonomiJurnal","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.ukm.my\/jem\/article\/the-malaysian-government-pension-scheme-whither-its-future-direction\/","url":"https:\/\/www.ukm.my\/jem\/article\/the-malaysian-government-pension-scheme-whither-its-future-direction\/","name":"The Malaysian Government Pension Scheme . 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