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Since pension systems are an intergenerational issue, they require a long-term perspective. With Asia's aging populations staying productive well into their 70s and even 80s, it is critical to improve the provision of adequate and sustainable retirement income and move the reliance off of public pension systems. Raising the retirement age, expanding the coverage of private pensions for workers and encouraging financial planning and early savings should be the focus of employers and policy makers
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Oct 14, 2019 10:43 AM
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