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% |