Paper Title :A Simulation Model to Illustrate Financial Activities of Malaysian Pension Fund
Author :Hasimah Sapiri, Nazihah Ahmad, Nazrina Aziz, Fatinah Zainonand Nik, Nadhilah Nik Mohd Yusoff
Article Citation :Hasimah Sapiri ,Nazihah Ahmad ,Nazrina Aziz ,Fatinah Zainonand Nik ,Nadhilah Nik Mohd Yusoff ,
(2018 ) " A Simulation Model to Illustrate Financial Activities of Malaysian Pension Fund " ,
International Journal of Management and Applied Science (IJMAS) ,
pp. 1-5,
Volume-4,Issue-2
Abstract : Nowadays, pension spending is expected to grow substantially since the populations’ are aging and the number of
retirees increases. Some countries have started planning to amend the pensioners’ retirement benefit to sustain their pension
systems. For strategic planning, it is important to assess the financial condition of a pension fund. Therefore, this paper
described several factors influencing the financial activities of pension funds. Next, a dynamic simulation model is developed
as well as stock and flow diagram to study the interrelationships among the influencing factors. Malaysia public pension fund
system is used to illustrate the simulation model.
Keywords - Financial Activities, Pension Fund, System Dynamics.
Type : Research paper
Published : Volume-4,Issue-2
Copyright: © Institute of Research and Journals
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Published on 2018-04-06 |
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