Malaysia's EPF system, designed for a different era, is proving insufficient for a future of longer lifespans and flexible work. As millions face retirement insecurity, the conversation must shift from merely fixing the old model to building a new one. But what should that new social safety net look like?



Economist Dr. Geoffrey Williams joins us to make the case for a radical solution: a universal, non-contributory, basic pension. He dismantles the "work longer, save more" myth and lays out a position for how Malaysia can afford a more inclusive and resilient retirement system for all its citizens.



We discuss:


Why the current retirement models are inadequate in today's environment.


The long-term economic consequences of a retirement savings crisis.


The blueprint for a non-contributory universal basic pension in Malaysia.


How it could be funded by subsidy rationalisation or a Malaysian "super fund."


The long-term economic case for a universal pension versus the status quo.


Debunking the "work longer" myth as a viable solution to the crisis.



For policymakers, economists, and anyone seeking a bold, workable solution to Malaysia's retirement crisis, this lays out the essential argument for fundamental change.

Malaysia's EPF system, designed for a different era, is proving insufficient for a future of longer lifespans and flexible work. As millions face retirement insecurity, the conversation must shift from merely fixing the old model to building a new one. But what should that new social safety net look like?Economist Dr. Geoffrey Williams joins us to make the case for a radical solution: a universal, non-contributory, basic pension. He dismantles the "work longer, save more" myth and lays out a position for how Malaysia can afford a more inclusive and resilient retirement system for all its citizens.We discuss:<ul><li>Why the current retirement models are inadequate in today's environment.</li><li>The long-term economic consequences of a retirement savings crisis.</li><li>The blueprint for a non-contributory universal basic pension in Malaysia.</li><li>How it could be funded by subsidy rationalisation or a Malaysian "super fund."</li><li>The long-term economic case for a universal pension versus the status quo.</li><li>Debunking the "work longer" myth as a viable solution to the crisis.</li></ul>For policymakers, economists, and anyone seeking a bold, workable solution to Malaysia's retirement crisis, this lays out the essential argument for fundamental change.

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

Advertisement