- Unfunded pension liabilities now 35 to 40 per cent of gross domestic product
- Government and employees' provident fund money used for current expenditure
- EPF returns over the last ten years averaged a niggardly 2.5 per cent over the inflation rate
- New pension body will prevent funds' misuse, ensure proper investment
- The employees' pension scheme, PPF, may soon need a bailout
Why Pension Reform
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