PENSION PLANS SUSTAINABILITY: A PROPOSED CONCEPTUAL FRAMEWORK

Aliu, O. A.

PENSION PLANS SUSTAINABILITY: A PROPOSED CONCEPTUAL FRAMEWORK

dc.contributor.author	Aliu, O. A.
dc.date.accessioned	2023-05-31T16:14:54Z
dc.date.available	2023-05-31T16:14:54Z
dc.date.issued	2014-12
dc.description.abstract	Across the globe, pension systems in general and occupation pension in particular have become a recurring decimal in economic, political and social discourse. In spite of increasing efforts at reforming the pension systems to enhance the well-being of the senior citizens who retire from works, little seemed to have been achieved towards sustainable pension plans. Most reforms have had little impact on the sustainability of pension systems. The low impact is due to dearth of study on proposed model of framework showing relevant factors for a sustainable pension scheme. Thus, this study attempts to propose a conceptual framework for sustainable pension system. Based on review of existing literature, it was found that sustainability of pension plans is to greater extent predicted by regulatory framework, pension fund growth, early retirement intention and stakeholders’ support which are vital towards achieving a sustainable pension plans. Similarly, Enterprise risk Management (ERM) moderates the relationship between fund growth and pension sustainability while financial literacy also moderates the relationships between both early retirement intention and stakeholders’ support and pension sustainability.	en_US
dc.identifier.uri	https://uilspace.unilorin.edu.ng/handle/20.500.12484/10890
dc.language.iso	en	en_US
dc.publisher	Faculty of Economics and Administration University of Malaya , Hilton Petaling Jaya, MALAYSIA	en_US
dc.subject	contributions, occupation pension, pension plan, retirement, sustainability	en_US
dc.title	PENSION PLANS SUSTAINABILITY: A PROPOSED CONCEPTUAL FRAMEWORK	en_US
dc.type	Other	en_US