The evaluation of ASEAN-members pension scheme performance
Document Type
Article
Publication Date
3-1-2021
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 (Delta V1), training program growth rate (Delta V2), diet improvement growth rate (Delta V3), health coverage growth rate (Delta V4), life expectancy growth rate (Delta V5), pension coverage growth rate (Delta V6), labor market demand growth rate (Delta V7), total tax collection growth rate (Delta V8), and capital expansion growth rate (V9). PSP-index attempts at the standardization of performance measures that have typically applied in pension schemes irrespective of their type and level of development. The model investigates pension scheme performance of five ASEAN-member countries-Singapore, Malaysia, Indonesia, Thailand, and Philippines.
Keywords
Social protection, Welfare, Social security, Economic modeling, Policy modeling
Funders
None
Publication Title
Global Social Welfare
Volume
8
Issue
1
Publisher
Springer