Asia School of Business

Global Inquiry, Local Heart

Remarks by Dean Joseph Cherian at Asia Asset Management- Perspective on Pensions in Singapore

From the left: Dr Nungsari, Dr Zeti Aziz, Professor Joseph E. Stiglitz and Tan Sri Azman Mokhtar

On 18 June 2026, Dr. Joseph Cherian delivered Perspective on Pensions in Singapore: On Building a Sound Retirement Scheme at the Vietnam Roundtable: Pensions and Investments: Move to a New Era, organised by Asia Asset Management in Hanoi. Bringing together policymakers, regulators, pension experts, and institutional investors, the forum explored the future of retirement systems across Asia.

Using Singapore’s Central Provident Fund (CPF) as a case study, Dr. Cherian examined how well-designed retirement systems can address the three fundamental risks facing retirees: income adequacy, longevity, and inflation. He discussed how the CPF combines mandatory savings, government-backed guarantees, and lifelong annuities to provide financial security throughout retirement, while highlighting the broader principles of sound pension design that can help countries build resilient, fiscally sustainable, and equitable retirement systems. The presentation slides are available for viewing below.