Malaysia retained its 'C+' grade, connoting a pension system that has some good features, but also major risks or shortcomings that should be addressed. — Picture by Firdaus Latif
“Of the study’s three sub-indexes, Malaysia scored highest for integrity , followed by sustainability and adequacy . The global average sits at 71.3 for integrity, 50 for sustainability, and 60.8 for adequacy,” it said. Mercer’s wealth business leader for Asia Janet Li said it is heartening to see that Malaysia continues to rank above the global average for integrity and sustainability.
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