The Evaluation of ASEAN-Members Pension Scheme Performance

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