Browsing by Author "Yusuf, MM"
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Publication Assessing The Adequacy Of Contribution Rates Towards Employees' Provident Fund In Malaysia(Amer Inst Physics, 2017) ;Saidi, NAN ;Yusuf, MMBasah, MYAThe vital role of Malaysian Employees' Provident Fund (EPF) is to provide financial support for its participants during retirement years. However, the issues of inadequacy have risen and EPF has been through various improvements in order to cope with current living situations, including making adjustment in the contribution rates. This study intends to provide the projection of EPF accumulations for three different types of contribution rates namely contribution rates at current fixed rate, increasing and decreasing proportion. Then, the replacement ratio is calculated and is used as an indicator to determine the adequacy of retirement income delivered by EPF. The ideal replacement ratio recommended by financial advisors is at 70%. Based on the findings in this study, contribution rates following a decreasing proportion gives replacement ratio that exceeds or nearest to the ideal replacement ratio, while contribution rates at current fixed rate gives replacement rates that fall far from 70%. Therefore, this study shows that the accumulated amount in the fund with contribution rates following a decreasing proportion gives higher replacement ratio and is recommended to be applied by the Malaysian EPF.3 - Some of the metrics are blocked by yourconsent settings
Publication Mortality Rates Due to Coronary Heart Disease by Specific Sex and Age Groups among Malaysians(Int Assoc Engineers-Iaeng, 2017) ;Abdullah, WMSW ;Yusoff, YS ;Basir, NYusuf, MMThe objective of this study is to see the trends of Mortality Rate due to Coronary Heart Disease among Malaysian population by different Age and Sex groups. This is due to statistics report from Department of Statistics Malaysia and Ministry of Health Malaysia that shown the number of Malaysians suffered coronary heart disease has increase every year. This study has been conducted to see current mortality rates from coronary heart disease in Malaysia. This study used Age Specific Death Rate to calculate mortality rates of CHD. This study also aimed to see which age group and gender have most number of death due to coronary heart disease in Malaysia. The data used in this study is secondary time series data from year 2001 to 2013 and were taken from Department of Statistics Malaysia (DOS). Generally, the result shows that the mortality rate of Coronary Heart Disease among Malaysians increases every year. Number of males suffered Coronary Heart Disease are more than females and age group 60 and above are the highest and riskiest group to suffer coronary heart disease.2