Pension funds worldwide already face the challenge of providing for ageing societies, but the situation may worsen with potentially less contributions from a new generation of workers, according to speakers at the recent International Social Security Conference 2017 organised by the Employees Provident Fund.
The weak economy, globalisation and the prevalence of freelance jobs are some factors that have brought about lower pay and financial instability among the young, thus threatening their ability to contribute to national pension systems .. read more