Malaysia
Basic country data
- Population over 60 in 2010:
- 2,171,637 (8%)
- Projected population over 60 in 2050:
- 10,393,502 (25%)
- Poverty rate of total population:
- 2%
- Income of country:
- Upper middle income
- Social pension?
- Yes
Scheme information
- Scheme information: Bantuan Orang Tua
- Year introduced:
- 1982
- Monthly pension benefit:
- 300 Ringgit (94 US$)
- 13.28 % of average income
- 429 % of international poverty line
- Age of eligiblity:
- 60
- Targeting:
- Means-tested
- % of population over 60 covered:
- 6%
- Total cost:
- 0.05% of GDP
Resources on the pension in Malaysia
-
Pensions at a glance - country profile: Malaysia
Year: 2012 | Published by: OECD
Country profile from OECD's "Pensions at a glance: Asia/Pacific 2011".
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Bantuan Orang Tua (Wepage) (Malaysian)
Year: 2012 | Published by: Malaysian Department of Social Welfare
This Government webpage provides information on Bantuan Orang Tua, the Malaysian social pension.
-
Malaysia: Services for the Elderly (Webpage) (Malaysian)
Year: 2012
This Government webpage provides an overview of services for older people in Malaysia and includes information on the Malaysian social pension.
-
Exploring gender and pensions in Japan, Malaysia and Vietnam.
Year: 2011 | Published by: University of Southampton
This paper uses evidence from international policy organisations in order to discuss key issues in the area of pension protection from a gender perspective....
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Online News Report - Malaysia: 120,496 older people recieved bantuan orang tua last year (Malaysian)
Year: 2011
This online news report provides information on the coverage and expenditure levels of Malaysia's social pension.
