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Higher Retirement Age? Trend And Growth Analysis Of Labour Market In Malaysia

Table 2:

Year Pension Cost Govt revenue % Pension Cost to Govt. Revenue Govt. Operating Expenditure % of Pension Cost Govt. OPEX
2014 18.22 261.8 7.0% 219.6 8.3%
2015 18.87 260.8 7.2% 213.3 8.8%
2016 21.03 251.1 8.4% 210.17 10.0%
2017 22.80 263.0 8.7% 217.7 10.5%
2018 25.76 276.6 9.3% 230.96 11.2%
2019E 26.59 304.8 8.7% 262.3 10.1%
2020F 29.20 290.8 10.0% 241.0 12.1%
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