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The Evaluation of ASEAN-Members Pension Scheme Performance

  • Mario Arturo Ruiz EstradaEmail author
  • Evangelos Koutronas
Article
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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 program growth rate (∆V2), diet improvement growth rate (∆V3), health coverage growth rate (∆V4), life expectancy growth rate (∆V5), pension coverage growth rate (∆V6), labor market demand growth rate (∆V7), total tax collection growth rate (∆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 

JEL Classifications

Y20 

Notes

Compliance with Ethical Standards

Conflict of Interest

The authors declare that they have no conflict of interest.

Ethical Approval

This article does not contain any studies with human participants or animals performed by any of the authors.

Informed Consent

Informed consent was obtained from all individual participants included in the study.

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© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Mario Arturo Ruiz Estrada
    • 1
    Email author
  • Evangelos Koutronas
    • 2
  1. 1.Social Security Research Centre (SSRC)University of MalayaKuala LumpurMalaysia
  2. 2.School of ManagementUniversiti Sains MalaysiaPenangMalaysia

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