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005    20210430182010.0
006    m        d
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008    020129s2021    dcu     o    i00  0 eng^^
024 7  10.1596/35236 |2doi
035    (CKB)4920000001209410
035    (The World Bank)35236
035    (US-djbf)35236
035    (EXLCZ)994920000001209410
040    DJBF |beng |cDJBF |erda
100 1  Jackson, Richard.
245 10 Asian Provident Funds : |bMeeting Tomorrow's Challenges / |cRichard Jackson.
246    Asian Provident Funds
264  1 Washington, D.C. : |bThe World Bank, |c2021.
336    text |btxt |2rdacontent
337    computer |bc |2rdamedia
338    online resource |bcr |2rdacarrier
347    data file |2rda
490 1  Other Financial Sector Study.
520 3  Across the emerging world, policymakers are grappling with how to build retirement systems that meet the needs of their rapidly developing and rapidly aging societies. Nowhere is the challenge more urgent than in Asia, which is both developing and aging more rapidly than anywhere else on earth. Provident funds, which are fully funded, government-managed, defined contribution systems, have long been the dominant form of retirement provision in much of Asia. The purpose of this report is to assess the strengths and weaknesses of the provident fund model, evaluate the performance of three of Asia's four largest provident funds, and identify steps that they and other provident funds can take to improve retirement security. The funds covered in the report are India's Employees' Provident Fund (EPF), Indonesia's Jaminan Hari Tua (JHT), and Malaysia's Employees Provident Fund (EPF). The report identifies two key features of the provident fund model that may make it an attractive choice for both governments and workers in emerging markets.
650  4 Finance and Financial Sector Development
650  4 Mutual Funds
650  4 Pensions and Retirement Systems
650  4 Social Protections and Labor
700 1  Jackson, Richard.
830  0 Other Financial Sector Study.
830  0 World Bank e-Library.
906    BOOK