Consider This: Public Pensions (Part 2) - Addressing the Rising Pension Liability

The Government’s public pension liability is currently RM31 billion, which accounts for about 10% of its operating expenditure. This amount is projected to hit RM46 billion in seven years. Are we at a crossroads where public pension reform is not just a painful choice but an overdue necessity? On this episode of #ConsiderThis Melisa Idris speaks to economist Professor Geoffrey Williams, Provost for Research and Innovation at Malaysia University of Science and Technology.